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Which of the Following Is True in Regard to How

Question 40

Multiple Choice

Which of the following is true in regard to how prepared the Mughal state was for the expanding Indian Ocean commerce?


A) It had not developed a money economy.
B) It had very few exports that were in demand in the opening world market.
C) Income tax revenues were insufficient and unreliable.
D) A necessary system of transportation for trade had not yet begun.
E) It had shifted populations by subsidizing new settlements.

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