majoraman4 majoraman4
  • 19-03-2021
  • History
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What did Spain have to spend a lot of its American silver on?

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ayeitspluplu
ayeitspluplu ayeitspluplu
  • 19-03-2021
I think goods such as silk, and other Asian goods
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tdsimmons1742
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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