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As a result of the China-Europe trade imbalance, European nations sought to acquire needed resources in order to participate fully in the world economy of that time. The major advantage they had-advanced weaponry and strong military strategies-resulted in what lasting legacy?
Deposit Reached
Achieving the required minimum amount of money in an account to fulfill a particular condition.
Deposit Value
The amount of money placed in an account or invested, which can earn interest over time.
Interest Rate
The fraction at which a lender charges interest to a borrower for the amount of money lent.
Investment Guaranteed
A financial product promising the return of the principal amount plus predetermined earnings, minimizing risk for the investor.
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