Final answer:
The Tea Act of 1773 granted a monopoly on tea trade to the British East India Company and allowed direct export without duties. The colonists demanded that Britain repeal the Tea Act and allow them control over their own trade and economy.
Step-by-step explanation:
The Tea Act of 1773 was enacted by the British Parliament and its purpose was to grant a monopoly on tea trade to the British East India Company. The act allowed the company to export tea directly to the American colonies without paying import or export duties. This resulted in lower prices for British tea, which undercut the smuggling trade of Dutch tea that many colonists preferred. The demand that colonists made of Britain in regards to tea was to repeal the Tea Act and allow them to have control over their own trade and economy.