How were Asian economies impacted by trade across the Indian Ocean?(1 point)
Responses
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.
They were able to expand their economies by trading with Europe.
Asian economies faced a recession due to the importation of African gold.
Asian economies faced a recession due to the importation of African gold.
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1 answer
The correct response is:
They accumulated wealth from trading with the Middle East and Africa.
Asian economies benefited significantly from trade across the Indian Ocean, gaining wealth through the exchange of goods with regions like the Middle East and Africa.
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