GENERAL KNOWLEDGE

Detailed explanation-1: -As the world commenced with global trading during the modern area, the Chinese was seen as the most who benefited from the silver trade. It opened the door for other goods produced by the Chinese and middle eastern countries to expand their wealth.

Detailed explanation-2: -China and the demand for silver China was the ultimate destination in which silver would flow towards. In exchange, the Chinese traded their popular goods such as silk and porcelain. China had a high demand for silver due to its shift from paper money to coins in the early period of the Ming dynasty.

Detailed explanation-3: -During the time period of the 1570s to the 1750s, Spain and Asia dominated the silver trading network. Most of the silver distributed across the world came from their ports or ports in other countries controlled by them.