The Europeans who sold items from Asia to the rest of Europe at elevated prices were Venetians.
Venice is an Italian city located in the northeast. This city was declared a World Heritage Site by UNESCO for its historical importance.
Venice was founded in the 5th century and gradually became an important city in Europe due to its location. They focused on navigation which allowed it to establish itself as the most important city in the commercial field.
One of the highlights of Venice was the close trade it established with China and India, which allowed Venetian merchants to buy products that came from Asia and sell them to all of Europe at a much higher price.
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