Question

As global trade expanded in the 16th and 17th centuries, which of the following economies exported more than it imported, thus absorbing a large amount of the world’s silver?

China
China

Portugal
Portugal

Japan
Japan

Spain

Answer 1

The Mongols grew in power and influence from 1200 to 1350 CE. They used the silk road to grow and expand their territory. They also affected the Russian empire by incorporating Asian characteristics into their culture. They also developed places for education like universities and colleges. The men of Taurus attracted many merchants due to their incredible handiwork making the region flourish. As we continue throughout the essay, we will dive deeper into each topic throughout this essay.

Step-by-step explanation:

Answer 2

Answer: China

Step-by-step explanation:

As the world became more connected in the 16th and 17th centuries, global trade increased rapidly. China benefitted from this by selling its very valuable silk, porcelain and other popular goods to the rest of the world whilst requiring that they are paid in silver.

Chinese demand for silver was born out of the need for a stable currency after their paper money failed and with their goods in high demand abroad, they were able to absorb a large amount of the world's silver.