The First Breach in the Monopoly of the Cádiz Merchant

question 53

Multiple Choice

The first breach in the monopoly of the Cádiz merchant guild over trade to Spanish America was the

• A) organization of the Caracas Company.
• B) replacement of the fleet system by register ships.
• C) organization of the Havana Company.
• D) decree of free trade of 1778.

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Definitions:

Transportation Regulations

Rules and standards established by authorities to ensure safety, efficiency, and environmental protection in the transport sector.

Outsourcing Scope

The extent or range of services and functions delegated to external entities by a company.

Increasing Volume

This term refers to situations where the quantity of products or services being produced or sold is growing over time.

Decreasing Volume

A situation where the amount or quantity of something, such as product production or sales, is reducing over time.