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What act gave the east India trading company an advantage over colonial merchants?
Wiki User
∙ 13y ago
Tea act because they sold their extra tea to the colonies without having to pay taxes witch made them cheaper over all, making merchants not being able to match their price.
Wiki User
∙ 13y ago
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What was the EIC?
In 1600 Queen Elizabeth I granted permission to a group of merchants to set up a private trading company named as East India company(EIC)
What was received by Chinese merchants when trading with the west?
Figs
What company was allowed to sell tea to the colonist?
the tea act allowed the east india trading co (a british company) to have a tax break on selling tea but no tax break for the american merchants selling tea
What trading company did Abel Tasman work for?
The Dutch East Indies company, a trading company.
What were some of the colonial jobs of the 1700's?
Some important jobs would be farming, building, merchants, fur trading, etc.
The passage of british restrictions on trade encouraged colonial merchants to?
find ways to smuggle and otherwise evade the law by trading with other countries.
Which is the first mnc in the world?
first modern MNC in the world was East India Company .. founded in 1600 London under the name Governor and Company of Merchants of London Trading into the East Indies
What was the East India Company-?
The east india was a group of individual made by th queen elizabeth
What was the EIC?
In 1600 Queen Elizabeth I granted permission to a group of merchants to set up a private trading company named as East India company(EIC)
What happened to united merchants and manufacturers inc and are they still trading?
united merchants are NOT trading in SOME states but thet may in others
What was received by Chinese merchants when trading with the west?
Figs
What was received when Chinese merchants when trading with the west?
Figs
Large sums of money needed by merchants to invest in businesses and trading ventures?
Capital was large sums of money needed by merchants to invest in businesses and trading ventures.
How did merchants make money during the industrialization period?
Merchants made money by selling goods or trading goods.
What company was allowed to sell tea to the colonist?
the tea act allowed the east india trading co (a british company) to have a tax break on selling tea but no tax break for the american merchants selling tea
Why did merchants need to borrow money to launch overses trading ventures?
because then they wouldent be able to participate in the trading
What began as a trading post with St. Louis merchants?
San Antonio
