Question

What economic needs drove international trade from 1300-1750

Answer 1

The economic needs that drove international trade from 1300-1750 were the discovery of spices and silks by the Europeans.

• International trade is a form of trade which involves the exchange of goods and services among several countries.

• It should be noted that there was a commercial revolution which was based on trade. Europeans discovered silk, spices and other essential commodities. This brought about international trade.

• The goods discovered were sold to other parts of the world. Mercantilism and new sources of wealth were also practiced by several countries in order to boost their development.

In conclusion, the international trade led to the development of commerce and increase in the gross domestic product of the countries involved.

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