Question

Arrange the following facts related to the history of international trade in sequence.

1. The Silk Route is an early example of long distance trade connecting Rome to China – along the 6,000 km route.
2. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century with the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered.
3. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade.
4. During the World Wars I and II, countries imposed trade taxes and quantitative restrictions for the first time.

Options

• i, ii, iv, iii

• iv, ii, iii, i

• i, ii, iii, iv

• iii, ii, iv, i

Answer 1

i, ii, iii, iv

Explanation:

1. The Silk Route is an early example of long distance trade connecting Rome to China – along the 6,000 km route.
2. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century with the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered.
3. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade.
4. During the World Wars I and II, countries imposed trade taxes and quantitative restrictions for the first time.