Why did European traders established trading companies?
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European trading companies ventured across the oceans so as to look new lands from where they could buy goods at a cheap price, and carry them back to Europe to sell at higher price. The fine qualities of cotton and silk produced in India had a big market in Europe.
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Explanation:
European trading companies ventured across the oceans so as to look for new lands from where they could buy goods at a cheap price, and carry them back to Europe to sell at higher prices. The fine qualities of cotton and silk produced in India had a big market in Europe.
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