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The South Sea Company promized exclusive trading rights in waters that:Group of answer choicesDid not exist.Had no ports.They did not control.None of the answers is correct.

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The South Sea Company promized exclusive trading rights in waters that:Group of answer choicesDid not exist.Had no ports.They did not control.None of the answers is correct.

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Solution

The South Sea Company promised exclusive trading rights in waters that they did not control. This British company was granted a monopoly to trade in the South Seas and South America by an act of Parliament in 1711. However, at the time, these areas were largely controlled by Spain, with whom Britain was frequently at war. Therefore, the company's promise was largely illusory, as they did not have the ability to enforce their exclusive trading rights.

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