Rise of Global Trade

Which two European nations were particularly noted for their voyages of exploration during the Age of Exploration?

• France and England

• Portugal and Spain

• Italy and Germany

• Netherlands and Belgium

What technological advancement allowed sailors to determine their position more accurately during sea journeys?

• Radar

• Steam engine

• Compass

• Astrolabe and quadrant

Which type of ship design enabled merchants to transport larger quantities of goods over longer distances?

• Caravel and galleon

• Frigate and sloop

• Barge and canoe

• Yacht and dinghy

What economic theory emphasized accumulating wealth through favorable trade balances?

• Mercantilism

• Feudalism

• Capitalism

• Socialism

Which joint-stock company was established to facilitate overseas trade?

• The Hudson's Bay Company

• The Dutch East India Company

• The South Sea Company

• The Virginia Company

What was a major component of early modern global trade in the Atlantic world?

• Opium Trade

• Silk Road trade

• Transatlantic Slave Trade

• Spice Trade

What system involved the exchange of goods, enslaved Africans, and raw materials between Europe, Africa, and the Americas?

• Rectangular Trade

• Triangular Trade

• Circular Trade

• Bilateral Trade

What process, enriched societies and contributed to cultural diversity through the exchange of goods and ideas?

• Cultural Assimilation

• Cultural Diffusion

• Cultural Revolution

• Cultural Isolation

Which cities became major financial centers during the rise of global trade?

• Moscow, Warsaw, and Prague

• Madrid, Lisbon, and Vienna

• Amsterdam, London, and Antwerp

• Paris, Rome, and Berlin

What drove the expansion of trade by introducing new and exotic goods to markets?

• Industrialization

• Consumerism

• Agricultural Revolution

• Urbanization