The trade-in in which many Indians provided finance, procured supplies and shipped consignments is known as:

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China Trade

USA trade

Russian Trade

None of the Above

answer is A.

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Detailed Solution

The trade-in in which many Indians provided finance, procured supplies and shipped consignments is known as the China trade. Opium cultivated in India was exported by Great Britain and sold to China. The British utilised the money they made from selling opium to buy expensive Chinese commodities in high demand in the West, such as porcelain, silk, and tea. In contrast, opium addiction expanded throughout China and caused social and economic issues. By providing financing, acquiring supplies, and shipping shipments, many Indians rose to the status of minor actors in commerce with China.

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