False, the French were trading guns, copper, glass beads along with a variety of other goods for furs from the Indians.
<span>They created powerful merchants by promoting enterprises in exchange for financial support, also they expanded territory though royal authority at the expense of the catholic church and through marriage.
On top of that, the religions that is adopted by the European monarchs persuade its followers to make some sort of 'offerings' for the sake of religious institutions that eventually is used as additional assets for the monarch to advance its trading.</span>
The reason that led to the rise of the domestic slave trade was the regional specialization in labor production. The South had a much higher demand of slaves for the labor-intensive cotton plantations. This demand for labor pushed up the prices of the slaves, intensifying the trade.