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Which of the following statements regarding the Canton System is FALSE? Foreign trade was confined to the Chinese city of Guangzhou All European traders had
Which of the following statements regarding the "Canton System" is FALSE? Foreign trade was confined to the Chinese city of Guangzhou All European traders had to buy goods through licensed Chinese traders called Cohongs It applied only to British merchants trading in China Chinese goods could only be purchased with hard currency, mainly silver
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
