Which of the Following Statements Best Describes the Network of Trade

question 25

Multiple Choice

Which of the following statements best describes the network of trade that flourished from Muhammad's time up to about 1500?

• A)Hindus and Muslims fought several major battles over control of the Indian Ocean trade.
• B)Africa was less important than India but more important than Asia.
• C)Europe and Asia were the largest consumers in the world.
• D)Trade was responsible for a tremendous exchange of ideas as well as goods.
• E)As a part of this vast trade network, Africa supplied pepper and spices to Asia.

---

Definitions:

Northern Winter Conditions

Specific environmental conditions characterized by extreme cold, snow, and ice, affecting vehicles and equipment operation.

Operating Leverage

The degree to which a firm can increase operating income by increasing revenue, indicating the proportion of fixed versus variable costs.

Depreciation Expense

The methodical distribution of a physical asset's cost throughout its lifespan, accounting for depreciation or becoming outdated.

Operating Cash Flow

The cash generated from the normal operating activities of a business, reflecting its ability to generate sufficient cash to fund its operations.