Podcast
Questions and Answers
What was one reason British merchants were limited in their trade with China?
What was one reason British merchants were limited in their trade with China?
- They were forbidden from selling textiles.
- They were only allowed to trade in opium.
- They could not go beyond the city of Canton. (correct)
- They had to pay in silver for all goods.
What was the main product the British East India Company sold to address the trade imbalance with China?
What was the main product the British East India Company sold to address the trade imbalance with China?
- Opium (correct)
- Tea
- Porcelain
- Silk
What event triggered the start of the first Opium War?
What event triggered the start of the first Opium War?
- The British lost a significant shipment of opium.
- The Chinese government seized and burned 1000 tons of opium. (correct)
- Britain decided to expand their trading routes in China.
- A pirate attack on British ships near Hong Kong.
Which statement best describes the financial situation of the East India Company before the Opium War?
Which statement best describes the financial situation of the East India Company before the Opium War?
What was one consequence of the British victory in the first Opium War?
What was one consequence of the British victory in the first Opium War?
Flashcards
Canton Trade Restriction
Canton Trade Restriction
British merchants were limited to trading in Canton, China, preventing them from accessing lucrative markets and expanding their business into the Chinese interior.
Trade Imbalance & Silver Drain
Trade Imbalance & Silver Drain
The East India Company (EIC) struggled to trade with China due to the lack of demand for British goods, while the British needed a large amount of Chinese goods like tea and silk. This resulted in a negative trade balance, forcing the EIC to pay in silver to make up the difference.
Opium Trade
Opium Trade
To overcome the trade deficit and avoid paying in silver, the British East India Company (EIC) illegally sold opium in China, knowing it was highly addictive and in high demand. This allowed them to pay for Chinese goods using opium rather than silver.
Opium Crisis
Opium Crisis
Signup and view all the flashcards
British Response and the Opium War
British Response and the Opium War
Signup and view all the flashcards