Global Competition
-Although the Dutch empire declined after the loss of colonies in the Peace of Utrecht, the Dutch still played a significant role in global trade for which of the following reasons?

Question

Quizplus · Accepted Answer

Although the Dutch empire declined significantly after losing a series of wars with the British, Dutch dominance in shipping and banking ensured that the Dutch still played an essential role in global trade. Having created the first effective international bank, the Dutch retained their place in Europe's financial sector. In addition, they became cargo carriers for other European nations whose trade was expanding.

Global Competition -Although the Dutch Empire Declined After the Loss of Colonies