Answer:
(i) They first secured concessions from the
local courts and then the monopoly rights to trade.
(ii) This resulted in the decline of old
ports of Surat and Hoogly through which local merchants had operated.
(iii) New ports of Bombay and Calcutta
grew. Trade through the new ports were eventually controlled by European
companies and carried in European ships, while many old trading houses
collapsed.
You need to login to perform this action.
You will be redirected in
3 sec
