3 years ago

What did Spain have to spend a lot of its American silver on?

2 answers:

7 0

Spanish, along with other European nations, had a great desire for Chinese goods such as silk and porcelain. The Europeans did not have any goods or commodities which China desired, so they traded silver to make up for their trade deficit.

rosijanka [135]3 years ago

4 0

I think goods such as silk, and other Asian goods

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