The British defeated foreign traders and achieved monopoly.
True/False
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1
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The new English East India Company was a monopoly in the sense that no other British subjects could legally trade in that territory, but it faced stiff competition from the Spanish and Portuguese, who already had trading outposts in India, and also the Dutch East Indies Company, founded in 1630
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1
Answer:
True
Explanation:
Its vary correct that rhis is true
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