Question

Explain the three-way trade system that developed after the British Empire took over India. (1 point)

1. The British Empire bought tea from China. In exchange, it sold China opium and cotton the empire had taken from India.

2. The British Empire bought opium and cotton from China. In exchange, it sold China tea the empire had taken from India.

3. No three-way trade system developed after the British Empire took over India.

4. The British Empire bought rice from China. In exchange, it sold China opium and cotton the empire had taken from India.

Answer 1

[AI-generated answer — Bot GPT 3.5]

1. The correct answer is that the three-way trade system that developed after the British Empire took over India involved the empire buying tea from China, while selling China opium and cotton that had been obtained from India.