How did east india company solve its problems of payment regarding tea trade from china?
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hello mate,
Britain was simply dumping its silver into China, creating a serious balance of payments problem. Trade drugs for drugs—specifically, the caffeine fix in tea for the poppies that grow abundantly on the Afghanistan-Pakistan border, which at the time was part of the British empire.
Britain was simply dumping its silver into China, creating a serious balance of payments problem. Trade drugs for drugs—specifically, the caffeine fix in tea for the poppies that grow abundantly on the Afghanistan-Pakistan border, which at the time was part of the British empire.
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