Final answer:
The new global silver trade in the sixteenth and seventeenth centuries had a long-term impact on the Chinese economy and parts of Japan, causing commercialization and environmental collapse respectively.
Step-by-step explanation:
The long-term impact of the new global silver trade in the sixteenth and seventeenth centuries included the commercialization of the Chinese economy. The influx of silver allowed China to become a major player in international trade, and the silver trade contributed to the establishment of a global economy. Additionally, the silver trade had negative consequences in parts of Japan, leading to an environmental collapse. Deforestation and over-mining for silver resulted in widespread erosion and soil degradation.
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