During the Ming dynasty, why did China enjoy a favorable balance of trade with Europe.

a. Chinese silk continued to be in high demand in Europe
b. China exported large quantities of opium to Europeans traders
c. The Ming dynasty imported numerous manufactured goods from Europe
d. The Ming dynasty paid tribute to Europeans traders

1 answer

During the Ming dynasty, the correct answer is:

a. Chinese silk continued to be in high demand in Europe.

China had a favorable balance of trade with Europe primarily because European countries were highly interested in Chinese luxury goods, particularly silk, porcelain, and tea, while Chinese demand for European goods was relatively low. Hence, China exported more than it imported, leading to a positive trade balance.