Explain the three-way trade system that developed after the British Empire took over India.
(1 point)
O
The British Empire bought tea from China. In exchange, it sold China opium and cotton the empire
had taken from India.
O No three-way trade system developed after the British Empire took over India.
O
The British Empire bought rice from China. In exchange, it sold China opium and cotton the
empire had taken from India.
O
The British Empire bought opium and cotton from China. In exchange, it sold China tea the empire
had taken from India.
The correct option is:
The British Empire bought opium and cotton from China. In exchange, it sold China tea the empire had taken from India.
After the British Empire took over India, they began a three-way trade system with India and China. The British Empire bought opium and cotton from China, which they then sold to India. In exchange, they bought tea from India, which they sold to China. This system was profitable for the British Empire as they were able to extract valuable resources from both India and China and sell their own goods for profit. However, this system also had negative consequences, such as the devastating impact of the opium trade on Chinese society.