Question

how did the British East India company benefit by the charter of sole right of trade with East? Elaborate 8th class ​

Answer 1

Answer:

In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East. This meant that no other trading group in England could compete with the East India Company

Explanation:

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Answer 2

Answer:

In 1600 the east india company acquired a charter from the rular of England queen elizabeth I granting it the sole right to trade