2.7 Comparison of Economic Exchange, Notes

What notable features of Calicut are highlighted in historical records?

• Its proximity to the coast

• Its diverse cuisine

• Its political significance

• Its ability to provide security and the diversity of market patrons

What commonalities can be attributed to various exchange networks?

• A wide range of distinct characteristics.

• Identical origins and purposes.

• Significant differences in their effects.

• Shared origins, purpose, and effects.

What was the result of the trade that flourished between c. 1200 and c. 1450?

• The establishment of new empires

• The spread of new religions

• The growth of new cities

• The development of new technologies

What is the significance of technological upgrades in trade?

• They make trade more profitable.

• They decrease the need for trade.

• They increase political instability.

• They have no effect on trade.

What did diplomats do on the trade routes?

• They negotiated alliances

• They sold goods

• 
  They fought in wars

• 
  They built roads

How can trade networks be described?

• As a tangled web of cords.

• As a smooth surface without any cords.

• As a fabric of cords crossing at regular distances.

• As a set of disconnected points.

What can be described as a fabric of cords crossing at regular distances?

• Trade networks.

• Social media.

• Communication satellites.

• 
  The internet.

What is the main benefit of widely accepted currencies?

• They make transactions slower.

• They make transactions faster.

• They make transactions more complicated.

• They make transactions impossible.

What were tin ingots used for in Southeast Asia?

• As a currency standard.

• As a building material.

• As a food ingredient.

• 
  As a weapon.

How were trade networks different from each other?

• They exchanged different goods.

• They used different transportation methods.

• They had different routes.

• All of the above.