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An important item of trade from Ancient India, it was highly valuable in Roman Empire so much that it was known as ‘black gold’. What does the item refer to?
Crude oil
Coal
Dark Garnet Stones
Pepper
Frequently referred to as "black gold" in ancient India, on account of its demand and trade value mainly due to its high trade value, the Zamorin ruler of Malabar coast had a flourishing trade centre for export of pepper and other spices in Kerala. The main mercantile traders were Arabs and people from Middle East. The early Roman Empire got direct access to the Malabar Coast in India and its range of exotic spices after their conquest of Egypt in 30 BC. The prices of pepper were extremely high in the Middle Ages and the trade was completely dominated by the Romans.
By: Shubham Tiwari ProfileResourcesReport error
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