Question

1. identifying how did byzantine traders profit from the gold trade? 2. evaluating how did the gold trade mutually benefit the byzantine empire and east africa?

Explanation:

1. Identifying How did Byzantine traders profit from the gold trade?

Byzantine traders likely profited by acting as middlemen. They would acquire gold from East African traders (who had access to gold - rich regions like Axum) and then trade this gold to other regions (such as Europe, the Middle East) at a markup. They also used the gold to facilitate trade within the Byzantine Empire, supporting their economy, and could use it to obtain luxury goods or resources from other areas which they could then sell or use for the empire's benefit.

For the Byzantine Empire: Gold from East Africa boosted their economy, was used for currency, to fund military and infrastructure, and to obtain luxury goods. For East Africa: They received Byzantine - made goods (like textiles, glassware), access to Byzantine's trade networks (expanding their market reach), and possibly technological or cultural exchanges. The trade also strengthened diplomatic ties between the regions.

Answer:

Byzantine traders profited as middlemen: acquiring gold from East Africa, trading it at a markup to other regions (Europe, Middle East), using it for internal trade, and obtaining luxury goods/resources for resale or empire use.

2. Evaluating How did the gold trade mutually benefit the Byzantine Empire and East Africa?