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25
What did the Indemnity Act of 1767 do for the East Indian Trading company?
The act reduced the taxes on the East Indian Trading company when they imported to to England. This allowed them to import tea to the coloniest cheaply. Reducing the price of the tea for the colonist.
Flashcard info:
Author: vmccorm4
Main topic: History
Topic: Declaration of Independence
Published: 19.03.2013