By 1400, Most of the Trade and Finance in Europe

question 13

Multiple Choice

By 1400, most of the trade and finance in Europe was controlled by .

• A) Venice and other Italian city-states
• B) the new nation-states of Spain and Portugal
• C) Muslim merchants in Eastern Europe
• D) Dutch and Belgian cities like Amsterdam and Antwerp

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Definitions:

Innovation Process

The sequence of activities involved in the development and implementation of new ideas, products, or services.

Identifying Advantages

The process of recognizing or discovering favorable factors, benefits, or conditions that give an individual or organization a competitive edge.

Disadvantages

Drawbacks or obstacles that reduce effectiveness or hinder progress.

Organizational Structure

The system of rules, roles, and responsibilities within an organization that outlines how activities are directed in order to achieve the organization's goals.