Global silver trade from the 16th to 18th centuries 1500 to 1800, Mexico and Peru produced about 80% of the world's silver with 30% of it eventually ending up in China (largely because of British merchants who used it to purchase exotic Chinese commodities). In the late 16th and early 17th century, Japan was also exporting heavily into China and the foreign trade at large. As has been demonstrated, China dominated silver imports. The market value of silver in the Ming territory was double its value elsewhere, which provided great arbitrage profit for the Europeans and Japanese. The abundance of silver in China made it easy for the country
Basic Law: Israel as the Nation-State of the Jewish People a position paper from July 2009 in which they expressed their support in the proposal. Professor Abraham Diskin also expressed a similar opinion. Prime Minister of Israel, Benjamin Netanyahu, ardently defended his draft of the Nation-State bill on 26 November 2014. Netanyahu declared Israel to be “The nation-state of the Jewish people and the Jewish people alone.” He also clarified “I want a state of one nation: the Jewish nation-state, which includes non-Jews with equal rights.” Being the land of the Jewish people, the PM is of the opinion that Israel is thus entitled to principles that combine the nation