Question

Why could the royal charter of 1600 not able to prevent other European powers from entering eastern markets?

Answer 1

Answer:

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Explanation:

Lack of competition enabled them to buy cheap and sell dear. But the royal charter could not prevent trading companies from other European nations from entering the Eastern markets. It is important to mention that Vasco da Gama had discovered the sea route to India via the Cape of Good Hope; and he was a Portuguese.

Answer 2

Answer:

Explanation:

The charter was given to EIC by the queen of ENGLAND. This means that the charter only applied to trading companies within England. That's why it could not stop other european trading companies.