In what way did the Spanish capture of Manila in 1571 inaugurate the first worldwide trade circuit?
A) The Spanish now controlled all of the world's major entrepôt cities.
B) Manila gave the Spanish a base to trade silver from the Americas to China, and then Chinese goods to Europe.
C) The Spanish had become the first people to sail all the way around the world.
D) Control of Manila enhanced Spanish power at the expense of the Mughals and Chinese, increasing Spanish control of trade networks.

Question

Quizplus · Accepted Answer

Manila became a crucial link in global trade, serving as a hub where the Spanish could exchange silver mined in the Americas for Chinese goods, which were then transported to Europe. This established a global trade circuit connecting Asia, the Americas, and Europe.

In What Way Did the Spanish Capture of Manila in 1571