Question

Why was the trade beneficial for European traders

Answer 1

Answer:

The main benefit of trading in the European Union (EU) is the European single market. It is the largest international single market in the world, which has lead to: greater competition in services - which is good for businesses and consumers. removal of trade barriers.

Answer 2

Answer:

The establishment of trading centres in coastal areas was very beneficial for the companies. They could easily buy spices, cotton textiles, indigo and Saltpetre at cheap rates from india and sell them in Europe and America at high the prices. Also in those days there were no other routes except water routes.

Explanation:

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