Guilds were associations of:

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Traders

Producers

Exporters

Industrialists

answer is B.

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Detailed Solution

Guilds were associations of Producers. Guilds flourished in Europe between the 11th century and the 16th century and were an association formed by merchants or craftsmen for the protection of mutual and professional interests. They can also be defined as associations of merchants or producers that train craftspeople, control the production of goods, regulate the price of goods, and restrict the entry of new people into their trade competition. They also had the support of the rulers. The right to produce and trade specific products was granted by the rulers themselves. They are the reason why new merchants set up their businesses in the countryside instead of towns.

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