The Impact of Ming China's Silver Trade on Global Relationships
How did Ming China's decision to trade for silver affect its relationships with other countries?
Which of the following illustrates how Ming China's decision to trade for silver affected its relationships with other countries?
O Japan stopped viewing China as superior as Chinese demand for Japanese silver increased.
O Korea fought against China to show that China was no longer powerful.
O The Spanish mined large amounts of silver in South America in order to trade with Ming China.
O The Dutch attacked Ming China in order to secure a trade agreement.
Final answer:
Ming China's demand for silver influenced global trade, particularly with the Spanish who mined large amounts of silver in South America for trade with China, establishing a significant link in the global economy.
Explanation:
The decision of Ming China to trade for silver had far-reaching effects on its relationships with other countries. The most accurate option that illustrates how this decision affected its relationships is that The Spanish mined large amounts of silver in South America in order to trade with Ming China. This immense demand for silver promoted intense mining activities in the Spanish colonies, particularly in Peru and Mexico, and the bulk of this silver was eventually traded to China, where silver was the basis of the world's largest economy at that time. This influx of American silver into China solidified a new global trade network, linking the economies of the Americas to Asia.