How were Asian economies impacted by trade across the Indian Ocean?
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 were able to expand their economies by trading with Europe.
They were able to expand their economies by trading with Europe.
They accumulated wealth from trading with the Middle East and Africa.
They accumulated wealth from trading with the Middle East and Africa.
Asian economies faced a recession due to the importation of African gold.
1 answer
Asian economies were impacted positively by trade across the Indian Ocean. They were able to expand their economies by trading with Europe, accumulating wealth from trading with the Middle East and Africa. They did not face a recession due to the importation of African gold.