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- Global_silver_trade_from_the_16th_to_18th_centuries abstract "The silver trade between the Americas and Europe and onward to China from the sixteenth to eighteenth centuries (1500–1800) had a profound effect on the world economy.Spaniards traveling west had only gold on their minds, but they found silver instead. From 1500 to 1800 Mexico and Peru produced about 85% of the world's silver with 30% of it eventually ending up in China. While this silver came from Central and South America, it belonged to Europeans exclusively. The Spanish acquired the silver, using it as a means of purchase which landed it mainly in the hands of the British, who then used it to purchase the exotic commodities of China.The silver trade marked the era of commercial capitalism and became the bridge between late medieval and modern times. Despite their best efforts, by 1759, and because of the changing Atlantic trade highway(seaway), Spain could no longer compete successfully with England and France in the international economy. Between a medieval management style and the expanding global economy, mostly through England's commercial and industrializing economy that was in a phase of rapid expansion and competition on a global scale, Spain found its empire in various stages of demise and most of the silver that came out of the Americas went to Europe via trade.This was a time when China was considered novel and exotic and everyone clambered for anything Chinese, be it porcelain or silks and spices. During this period the Spanish-Mexican peso became the standard coin throughout much of the world. The Chinese market for coins set the standard globally.".
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- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLink Banknote.
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- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLink East_India_Company.
- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLink Opium.
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- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLink Silk_Road.
- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLink Silver.
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- Global_silver_trade_from_the_16th_to_18th_centuries wikiPageWikiLinkText "Global silver trade from the 16th to 18th centuries".
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- Global_silver_trade_from_the_16th_to_18th_centuries comment "The silver trade between the Americas and Europe and onward to China from the sixteenth to eighteenth centuries (1500–1800) had a profound effect on the world economy.Spaniards traveling west had only gold on their minds, but they found silver instead. From 1500 to 1800 Mexico and Peru produced about 85% of the world's silver with 30% of it eventually ending up in China. While this silver came from Central and South America, it belonged to Europeans exclusively.".
- Global_silver_trade_from_the_16th_to_18th_centuries label "Global silver trade from the 16th to 18th centuries".
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