majoraman4 majoraman4

19-03-2021
History

contestada

What did Spain have to spend a lot of its American silver on?

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ayeitspluplu ayeitspluplu

19-03-2021

I think goods such as silk, and other Asian goods

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tdsimmons1742 tdsimmons1742

20-03-2021

Spanish, along with other European nations, had a great desire for Chinese goods such as silk and porcelain. The Europeans did not have any goods or commodities which China desired, so they traded silver to make up for their trade deficit.

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