Question

European nations were NOT satisfied with establishing free trade with Africa and Asia during the era of Imperialism because

A.free trade was an unknown economic concept at the time

B. free trade was not consistent with the theory of capitalism

C. European nations wanted monopoly control of markets and resources

D. Africa and Asia had nothing Europe wanted to import

Answer 1

Answer:

C. European nations wanted monopoly control of markets and resources

Explanation:

The nations of Europe didn't like the idea of completely free trade because it disagreed with the established monopoly they had over the market and trade with Africa and Asia. They wanted control over the goods and trade, and free trade would mean that is abolished.

The other options are not true as the free trade was already a very known concept and the one that is very consistent with the capitalist theory. European nations also had plenty of goods to import from Africa and Asia, starting with materials like ivory and silk, to spices, food, etc.