How were Asian economies impacted by trade across the Indian Ocean?(1 point)
Responses
Asian economies faced a recession due to the importation of African gold.
Asian economies faced a recession due to the importation of African gold.
They accumulated wealth from trading with the Middle East and Africa.
They accumulated wealth from trading with the Middle East and Africa.
They were able to expand their economies by trading with Europe.
They were able to expand their economies by trading with Europe.
Many traders lost money due to poor trade deals with Middle Eastern merchants.
They accumulated wealth from trading with the Middle East and Africa.
They accumulated wealth from trading with the Middle East and Africa.
The correct response is: They accumulated wealth from trading with the Middle East and Africa.
Asian economies were positively impacted by trade across the Indian Ocean as they were able to accumulate wealth from trading with the Middle East and Africa. The Indian Ocean trade network was an important route for exchanging goods, such as spices, textiles, and precious metals, between Asia, the Middle East, and Africa. Asian merchants engaged in this trade network and benefited from the trade by receiving goods and resources from different regions. As a result, their economies expanded and they were able to accumulate wealth through the exchange of valuable goods.