Antwerp as entrepôt was already in decline before the Revolt, and before the
️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️ <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> ️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk>️<unk> However, more important must have been the advantages of Amsterdam, which already gave it a strong position in the Baltic trades: elastic supplies of shipping and labor, low transaction costs, and efficient markets.