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State six factors that led to the development of international trade

Name six factors that led to the development of international trade

Answers

John
1. East Africa coast had trade links with the Far East before this period.

2. Growth of international trade depended on regional trade

3.The role played by Seyyid Said in the long distance trade, He encouraged foreign traders to come to the coats and traders were given the Sultan's flag

4. The Sultan levied a uniform custom duty, He levied 5% throughout to encourage trade

5. Seyyid Said improved monetary system to facilitate trade

6. Availability of raw materials and demand for goods

7. The good East Africa coast climate attracted traders

8. Existence of a wealthy class of merchants

9. Establishment of specific trade routes and markets like Zanzibar, Kilwa, Mombasa.
johnmulu answered the question on March 13, 2017 at 05:05

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