why did the Mughals never discourage trade and even welcome the European East India Companies?
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5
Answer:
they thought that British people would just trade
and they saw a advantage to establish the beic
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2
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The English and Dutch were granted 21-year permission of monopoly in the “East Indies”, which followed by the retorted answer from the Indian landlords – they encouraged the establishment of coastal posts for trade. Half a century afterwards, the competition for trade in the Indian Ocean was enhanced by the setting up of the British East India Company in 1664.
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