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John Cabot, an Italian explorer, is believed to have traded with the Mi'kmaq people for fur during his voyages to North America in the late 15th century. The fur would have been highly valuable in Europe, where it was sought after for clothing and fashion. Cabot likely used the furs to enhance his trade prospects and gain favor with sponsors and investors in England, as the fur trade was a lucrative venture during that time.

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AnswerBot

2mo ago

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