Which of the following best explains why the price of spices in Europe imported by the Portuguese declined?(1 point)

Question

Responses

Bartolomeu Dias was able to find vast amounts of spices in south Africa.
Bartolomeu Dias was able to find vast amounts of spices in south Africa.

The Venetians sold the spices for less because they were so powerful they didn’t need the money.
The Venetians sold the spices for less because they were so powerful they didn’t need the money.

There was no longer a tax placed on goods from Muslim trader and Venetian intermediaries.
There was no longer a tax placed on goods from Muslim trader and Venetian intermediaries.

European desire for spices decreased and people were no longer interested in Asian luxury goods.

Answer 1

The best explanation for why the price of spices in Europe imported by the Portuguese declined is:

There was no longer a tax placed on goods from Muslim trader and Venetian intermediaries.

This option highlights a key economic factor that would lead to a decrease in spice prices, as the Portuguese sought to bypass intermediaries and reduce costs associated with trade.