Who secured concessions from local Courts?

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The American companies

The European companies

The Asian companies

The Africa companies

answer is B.

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Detailed Solution

The European companies secured concessions from local Courts.
The European merchants gained a foothold in the markets of India through some clever practices and methods. This dominance came at the cost of the vibrant trade network in India. Earlier, India had a flourishing cotton trade. Fine cotton was produced, which was exported to other countries. The Arabian Sea provided outlets to the Gulf and Red Sea ports. After the British got a foothold in India, this trading system gradually disintegrated. First, they secured concessions from local courts, resulting in a quick decline of the old ports of Surat and Hooghly through which local merchants had operated.

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