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Question
Describe the importance of trade in Vijayanagar.
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Solution
- Vijayanagar was a major centre of inland and overseas trade, exporting spices, cotton cloth, iron, and precious stones, and importing silk, pearls, coral, and horses.
- Krishnadeva Raya encouraged foreign trade with the Portuguese, who had trade centres on the Malabar Coast.
- He earned rich revenue by imposing custom duties and other taxes on foreign traders.
- The income from trade greatly enriched the empire and supported its prosperity.
- Trade also led to the growth of towns, markets, and ports, boosting the economy of Vijayanagar.
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