Question

The Company was a British company which was granted the monopoly to trade with South America.

• A. North Sea
• B. South Sea
• C. East Sea
• D. West Sea

Answer 1

The correct option is B South Sea

The South Sea Company was a British company which was granted the monopoly to trade with South America.The South Sea Bubble was a speculative bubble in the early 18th century involving the shares of the South Sea Company, a British international trading company that was granted a monopoly in trade with Spain's colonies in South America and the West Indies as part of a treaty made after the War of the Spanish Succession.