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History, 21.03.2021 07:20 janreyes39

Scenario: You are a merchant in ancient China who is involved in trading porcelain. You have noticed an increase in demand for porcelain goods in Europe. Because you need to transport more porcelain to Europe, you are considering using ships instead of the land route. Shipping has become more reliable since the invention of the magnetic compass, but it is still dangerous and expensive. You can only transport goods once per year using ships. You have been using a land caravan to transport your porcelain for years. You can send three shipments overland each year, but land shipment takes twice as long. What transportation will you decide to use? Describe the costs of transporting porcelain by land or by sea in ancient China. In other words, what are the drawbacks of each method of transportation?
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Scenario: You are a merchant in ancient China who is involved in trading porcelain. You have noticed...

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