How do the Europeans value the goods exchanged with the Africans?

The trade of the natives consists in gold, slaves, elephants teeth, and bees-wax. The gold is finer than sterling, and is brought in small bars, big in the middle, and turned round into rings, from 10 to 40 s. [shillings] each. The merchants who bring this, and other inland commodities, are blacks of the Mundingo race, called Joncoes, who say, that the gold is not washed out of the sand, but dug out of mines in the mountains, the nearest of which is 20 days journey up the river. In the country where the mines are, they say there are houses built with stone, and covered with terras; and that the short cutlasses and knives of good steel, which they bring with them, are made there. The same merchants bring down elephants teeth, and in some years slaves to the amount of 2000, most of whom they say are prisoners of war; and bought of the different princes by whom they are taken. The way of bringing them is, by tying them by the neck with leather thongs, at about a yard distance from each other, 30 or 40 in a string, having generally a bundle of corn, or an elephant’s tooth upon each of their heads.Source: Printed for J. KNOX, near Southampton-Street, in the Strand. MDCCLXVII. (1767) TRAVELS Into the Inland Parts of AFRICA, BY FRANCIS MOOREHow do the Europeans value the goods exchanged with the Africans?a. A barter system is set up to supply European goods to the Africans.

b. Africans pay the Europeans in gold for the manufactured goods they supply.

c. The Europeans compare their currency to the African goods.

d. Labor by Africans is exchanged for European goods.

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