How were Asian economies impacted by trade across the Indian Ocean?(1 point)

Responses

Asian economies faced a recession due to the importation of African gold.
Asian economies faced a recession due to the importation of African gold.

Many traders lost money due to poor trade deals with Middle Eastern merchants.
Many traders lost money due to poor trade deals with Middle Eastern merchants.

They accumulated wealth from trading with the Middle East and Africa.
They accumulated wealth from trading with the Middle East and Africa.

They were able to expand their economies by trading with Europe.

1 answer

They were able to expand their economies by trading with Europe.
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