Silver standard

DBQ: Silver Trade Between the mid sixteenth century to the early eighteenth century, the production of silver boomed in Spain, China and Europe. Even though the trade of silver was popular, this would eventually cause a significant decrease in the production. Based on these documents, the effect of the increase of silver production was beneficial to the European merchants, whose trade was with both the Spanish and Chinese (Doc 4,8), but the increase of silver in China (Doc 1,3,5,7) and Spain (Doc 2,6) would cause a fall in the empires.