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The discovery of the roundtrip and the beginning of globalisation

 

Globalisation is thought to have its beginnings in the 16th century when the Spanish silver dollar went transcontinental. Its acceptance as common currency arose when Spanish navigators in the Philippines established a circular shipping route, known as the tornaviaje, between Asia and the Americas. More than 250 years of uninterrupted trade ensued between Asia and the rest of the world. And the ships playing this route were known as China Ships

Magellan-Elcano circumnavigation

In 1519 a Spanish fleet of five vessels, under the command of Portuguese explorer Ferdinand Magellan, set sail from Seville in search of a route across the Pacific Ocean to East Asia. Magellan was killed in a battle during the voyage, leaving Spanish navigator Juan Sebastian Elcano and 18 surviving crew to become the first to circumnavigate the globe in a single expedition. Their expedition finally returned home to Spain in 1522 [...]

 

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