why did the european trading companies set up trade centres in costal areas?
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The European trading companies preferred to set up trade centres in the coastal areas, mainly due to the easy transportation via ocean routes from India to their countries.
The European traders found the export of spices and high quality expensive fabrics from India to Europe highly profitable, due to the cheaper prices of these items.
The water route was much easier and faster than the longer land route to European countries, which was only possible on setting up trade centres along the vast coastal lands.
The European traders found the export of spices and high quality expensive fabrics from India to Europe highly profitable, due to the cheaper prices of these items.
The water route was much easier and faster than the longer land route to European countries, which was only possible on setting up trade centres along the vast coastal lands.
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