Name: Page: Global Trade Vocabulary A tax Tariff People who take on financial risk making profits Entrepreneurs An economic system in which overseas colonies A global exchange of supplied the raw animals, products, and materials for the ideas begun by Columbus industries in the “Mother Columbian Exchange Country” Mercantilism A rise in prices that is linked to an increase in the amount of money available Inflation Built as a tomb to Shah Jahan wife and stand as the greatest monument to the Mughal Empire Taj Mahal Falls to the Ottoman Empire in 1453 Constantinople Capitol of the Ottoman Empire, located on two continents (Asia & Europe) Istanbul International trade network linking Europe, Africa, and the Americas Triangle Trade Triangular arm of land that juts out from southeastern Europe into the Mediterranean Balkan Peninsula Geographic term for the Middle East Southwest Asia Cities built in China to house trade and merchants. Enclave Name: Page: Home to the Ottoman Empire on the African continent North Africa A Japanese warrior Shogun To exclude all foreigners Isolationism An economic system in which most businesses are privately owned Capitalism The Turkish peninsula between the Black Sea and the Mediterranean Asia Minor