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What did Parliament attempt to do by passing the Tea Act?

What did Parliament attempt to do by passing the Tea Act?-example-1
User Savvybug
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Answer: to save the faltering East India Company

Explanation:At this time the faltering East India Company was in bankruptcy and by greatly reducing and or lowering the tea tax it paid to the British government and granting on the American Tea trade.

User Valar Morghulis
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