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As a merchant of the EEIC, explain how theroyalcharteryour company received in 1600 CEproved beneficial to it? |
Answer» <html><body><p><strong>Answer:</strong></p><p>Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that <a href="https://interviewquestions.tuteehub.com/tag/england-451449" style="font-weight:bold;" target="_blank" title="Click to know more about ENGLAND">ENGLAND</a> could participate in the East Indian spice trade. It also traded <a href="https://interviewquestions.tuteehub.com/tag/cotton-936551" style="font-weight:bold;" target="_blank" title="Click to know more about COTTON">COTTON</a>, silk, indigo, saltpeter, and <a href="https://interviewquestions.tuteehub.com/tag/tea-664165" style="font-weight:bold;" target="_blank" title="Click to know more about TEA">TEA</a> and transported slaves. </p></body></html> | |