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Isn’t the reason that they payed with silver a reflection that China itself would only accept silver for goods such as tea at that time?
by Lio 4y ago
Isn’t the reason that they payed with silver a reflection that China itself would only accept silver for goods such as tea at that time?
- Our_Benefactors 4y agoYes, so by closing the trade loop with opium, there was a large net outflow of silver in addition to many other types of goods.