Multiple Choice
Since there was no demand for European products in Asia, what steps did the Dutch take to reduce the need to use precious metals to pay for Asian spices?
A) Dutch privateers captured Spanish treasure ships bound for Manila.
B) The Dutch used their merchant ships to increase their participation in intra-Asian trade.
C) The Dutch introduced the opium trade to Southeast Asia.
D) Dutch merchants used paper money and letters of credit to pay for spices.
Correct Answer:
Verified
Correct Answer:
Verified
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