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Anna71 [15]
4 years ago
15

During the Ming dynasty, why did china enjoy a favorable balance of trade with Europe?

History
2 answers:
Stolb23 [73]4 years ago
7 0
Because Chinese silk continued to be in high demand in Europe.
KonstantinChe [14]4 years ago
5 0

Answer:

China was at the time the largest manufacturer in the World, pratically without the need of importing any goods.

Explanation:

China during the initial phases of the Age of Discovery was the largest manufacturer in the World. Essentially,the Chinese produced everything from basic to luxury goods and did not hold any regard for trading activities if these activities were not also part of the tributary system. For almost 250 years, China hold a favorable balance, until the British used the opium to pay for goods, instead of silver.

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