3.2

Question 1

Baltic trade

Answer 1

the trade of luxury products in exchange for grain and wood between the Dutch Republic and countries around the Baltic sea

Question 2

Commercial centre

Answer 2

a place where goods from all over the world were stored and eventually sold throughout Europe

Question 3

VOC

Answer 3

Dutch East India Company; trading company which sailed to the East-Indies and traded mainly in spices and silk

Question 4

Monopoly

Answer 4

being the only company that has the right to trade in a certain product

Question 5

Shares

Answer 5

represent parts of a company; you can buy and sell them for a profit, if the company is succesful

Question 6

Multinational

Answer 6

a company that is represented in many locations around the world

Question 7

Governor-General

Answer 7

a person who looked after the large trading network of the VOC in the East-Indies

Question 8

Intra-Asian trade

Answer 8

a trading network between Japan, India and the East-Indies, in which the VOC participated

Question 9

WIC

Answer 9

Dutch West India Company; trading company which sailed to the West-Indies and mainly traded in slaves

Question 10

Privateering

Answer 10

the capturing and destroying of enemy ships