Which of the following was a long term impact of the new global silver trade in the sixteenth and seventeenth centuries?

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What role did Europeans primarily play in the global trade of silver and in the 16th and 17th centuries?

What role did Europeans primarily play in the global trade in silver in the sixteenth and seventeenth centuries? Europeans served as middlemen funneling American silver to Asia. It was the Europeans who served as middlemen transporting silver and trading it for goods produced in Asia.

Why did China's demand for silver rise dramatically during the sixteenth century?

Why did China's demand for silver rise dramatically during the sixteenth century? Changes to the Chinese tax code required payments in silver.

What was the world historical importance of the silver trade?

The silver trade was the first direct and sustained link between the Americas and Asia, and it initiated a web of Pacific commerce that grew steadily over the centuries. It transformed Spain and Japan, the two states that controlled the principal new sources of silver.

What was the significance of the silver trade in the early modern era of world history in Chapter 14?

What was the significance of the silver trade in the early modern era of world history? Silver was the first link between the Americas, transformed Spain as leading source.