why did european nations have to trade silver in exchange for Chinese goods for centuries

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15-02-2019
Social Studies

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why did european nations have to trade silver in exchange for Chinese goods for centuries

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kc22 kc22 · Answer 1 · 2019-02-15T06:21:39+01:00

kc22 kc22

15-02-2019

China was in high demand for silver and that's all they really wanted, they used it to make their curreny. (Extra Info: But they eventually had so much silver that there was inflation and this is one of the causes of China's collaspe.)

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why did european nations have to trade silver in exchange for Chinese goods for centuries