International trade enables specialization, which brings increased efficiency and greater competition to spur the market.
This happens because Specialization would make each nation to focus on producing certain type of products in which they would gain a competitive advantage towards other (either because they had the necessary materials sources or labor qualities) and would create better and cheaper product in the market.
The people felt like they couldn't trust the banks anymore. So everyone started to go to the banks and withdrawl their money. Then the FDIC was invented to secure that banks would give your money back.
Answer:
Based on the term of agreement, Alam granted to East india company diwani rights or the right to collect taxes on behalf of the Emperor from the Eastern province of Bengal-Bihar-Orrisa. these rights allowed the company to collect revenue directly from the people of Bengal,Bihar and Orrisa.
