which are the important European Trade companies ?
Answers
TRADING COMPANIES. The early seventeenth century saw the foundation of Dutch and English trading companies with exclusive rights over vast areas in various parts of the globe. These organizations were essentially merchant guilds that represented an "institutional innovation" that enabled them to conduct large-scale trade with distant shores. They came to exercise functions that were usually the prerogative of national states. The main companies were the East India Company, or EIC (1600–1858), the Hudson's Bay Company (founded in 1670 and still active) and the Royal African Company (1672–1750), all English, as well as the Dutch East India Company, or VOC (Vereenigde Oost-Indische Compagnie, 1602–1799) and the Dutch West India Company, or WIC (1621–1791). Imitation companies were established in numerous states, including Denmark, France, Genoa, Portugal, and Sweden.
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Answer:
European bullion Trade..