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Explain the three-way trade system that developed after the British Empire took over India.(1 point)ResponsesThe British Empire bought tea from China. In exchange, it sold China opium and cotton the empire had taken from India.The British Empire bought tea 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.The British Empire bought opium and cotton from China. In exchange, it sold China tea the empire had taken from 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 rice 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.No three-way trade system developed after the British Empire took over India.
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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."
Brief explanation: Britain imported large quantities of Chinese tea but had a trade deficit. To reverse the flow of silver, Britain exported opium (grown in India) to China and also funneled Indian raw materials (like cotton) into British trade networks, creating a three-way trade linking Britain, India, and China.
Brief explanation: Britain imported large quantities of Chinese tea but had a trade deficit. To reverse the flow of silver, Britain exported opium (grown in India) to China and also funneled Indian raw materials (like cotton) into British trade networks, creating a three-way trade linking Britain, India, and China.
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