Peter the Great is the correct answer.



Explanation:



The quote "Bear in mind that the commerce of India is the commerce of the world and.... He who can exclusively command it is the dictator of Europe" is attributed to Peter the Great, the Russian tsar and emperor who ruled from 1682 to 1725. This statement reflects Peter's recognition of the economic importance of India and its potential to wield significant influence over European powers.



Significance of Indian Commerce:



1. Economic Powerhouse: In the 17th and 18th centuries, India was a major center of global trade and commerce. It had a rich and diverse economy, producing valuable goods like textiles, spices, and precious metals.



2. European Competitions: European powers, including Russia, Britain, France, the Netherlands, and Portugal, were vying for control over Indian trade routes and resources. The competition among these nations led to the establishment of European trading companies, such as the British East India Company and the Dutch East India Company.



3. Indian Trade Routes: India's strategic location at the crossroads of major trade routes between Europe, Asia, and Africa made it a hub of international trade. Controlling Indian commerce meant gaining access to valuable resources and establishing dominance over global trade networks.



Implications for Europe:



1. Economic Prosperity: The control of Indian commerce offered immense economic benefits to European powers. The goods and wealth flowing from India could fuel the growth and development of European economies.



2. Geopolitical Dominance: The power to exclusively command Indian commerce would give a nation significant geopolitical leverage over its European rivals. It would allow a nation to control the flow of goods, dictate terms of trade, and exert influence over other European powers.



3. Military Strength: The empire that could dominate Indian trade would have the financial resources to build a powerful military and expand its territorial holdings. This military strength would further enhance its dominance in Europe.



In conclusion, Peter the Great's statement highlights the immense economic and geopolitical significance of Indian commerce during the 17th and 18th centuries. He recognized that whoever could control this commerce would wield considerable influence over Europe and its powers.