Question

Who gained monopoly over trade in Europe in middle ages

Answer 1

Answer:

In the Middle Ages, England( Britain) had secured a monopoly over trade.

It had colonized many countries and was establishing a great amount of trade with other nations too. It was encouraging many sailors like Columbus, etc. to look out for other countries and colonies for a trade in amount to increase their economy.

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Explanation:

Answer 2

The Arab merchants carried the Asian Merchandise into Constantinople of Eastern Roman (Byzantium) Empire. Italian merchants would buy these goods and then sell in European countries. There was a great demand for Indian spices like pepper, cardamom, Ginger and many other spices in Europe. Like this, Constantinople was the center of international business and considered as the ‘Gate of European Trade’, while Arab merchants had gained a monopoly over the trade in Europe, the merchandise from Asia had brought good profits to Italian merchants.