As global trade expanded in the 16th and 17th centuries, which of the following economies exported more than it imported, thus absorbing a large amount of the world’s silver? China
China

Portugal
Portugal

Japan
Japan

Spain

China

Explanation:

As the world became more connected in the 16th and 17th centuries, global trade increased rapidly. China benefitted from this by selling its very valuable silk, porcelain and other popular goods to the rest of the world whilst requiring that they are paid in silver.

Chinese demand for silver was born out of the need for a stable currency after their paper money failed and with their goods in high demand abroad, they were able to absorb a large amount of the world's silver.

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china is shifting toward specialization in industry and services and away from agriculture.

explanation:

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