Question

Which items from India were used to sell by the European traders in European market? Why

their profit margin gradually decreased?​

Answer 1

Answer:

The fine qualities of cotton and silk produced in India had a big market in Europe. Indian spices like pepper, cloves, cardamom and cinnamon too were in great demand. Hence European trading companies were attracted to India.

Answer 2

European Traders used to sell cotton and silk.

• European Traders came to India to properly establish trade links, but later held colonial possessions.
• For European traders, dealing with India was extremely lucrative as they were typically drawn by the unique characteristics of brilliant silk and cultivated cotton.
• In Europe, Indian spices like cardamom, pepper, cloves, and cinnamon had been in great demand. The traders were also dealing with Indian spices overseas.
• They imported valuable goods from India at a minimum price and allegedly sold them in Europe at a high price.