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As a merchant of the EEIC, explain how theroyalcharteryour company received in 1600 CEproved beneficial to it? |
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Answer» Answer: Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that ENGLAND could participate in the East Indian spice trade. It also traded COTTON, silk, indigo, saltpeter, and TEA and transported slaves. |
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