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Why Were the Portuguese Unwilling to Exchange Bullion for Products

Question 17

Multiple Choice

Why were the Portuguese unwilling to exchange bullion for products within the Asian commercial system?


A) The doctrine of mercantilism equated possession of bullion with power and argued against negative trade balances.
B) They had none.
C) There was little merchandise that the Portuguese considered of value in the Asian trade network.
D) All of Portuguese bullion was exchanged for slaves in the African commercial system.

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