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

Question

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

Answer 1

• The British Empire bought opium and cotton from India. In exchange, it sold opium and cotton to China, and bought tea from China as well.