How did Dutch merchants contribute to the development of European commerce?
A) They established a stock exchange, a banking system, and a system for insuring cargoes.
B) They raised the price of shipping in order to help Europeans make a profit in the Atlantic trade.
C) They encouraged the monetization of European economies by importing large quantities of silver and gold.
D) They invented mercantilism.

Question

Quizplus · Accepted Answer

Dutch merchants were instrumental in developing modern financial institutions and systems, such as the stock exchange, banking, and insurance for shipping, which significantly contributed to the growth of European commerce.

How Did Dutch Merchants Contribute to the Development of European