Given below are two statements, one labelled as Assertion (A) and other labelled as Reason (R). Assertion (A): The East India Company eliminated their Portuguese and Dutch trade rivals by the end of seventeenth century. Reason (R): The English traders sold goods of superior quality at cheaper rates. In the context of the above two statements, which one of the followings is correct? Select the correct answer from the codes given below: Codes:

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