Explain the three-way trade system that developed after the British took over India.(1 point)

Question

Responses

The British Empire bought tea from China. In exchange, it sold China opium and cotton the empire had taken from India.

No three-way trade system developed after the British Empire took over India.

The British Empire bought rice from China. In exchange, it sold China opium and cotton the empire had taken from India.

The British Empire bought opium and cotton from China. In exchange, it sold China tea the empire had taken from India.

Answer 1

The correct response is:

The British Empire bought tea from China. In exchange, it sold China opium and cotton the empire had taken from India.

This three-way trade system involved the British importing tea from China, which was highly sought after in Britain. To finance this trade, the British exported opium, grown in India, to China, which led to significant social and economic issues there. Additionally, cotton and other goods from India were also part of this trade system, reflecting the interconnectedness of the economies during the British colonial period.