Question

discuss the state of foreign trade during the British period​

Answer 1

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During this period, Britain held the monopoly of over India’s imports and exports. Therefore, most of the foreign trade was restricted only to Britain and other was while the rest half was allowed to trade with other countries like Ceylon (Sri Lanka), China, and Persia (Iran).

India was a large exporter in the colonial period, however, it did not affect the country’s economy. Commodities like food grains, clothes, kerosene hit the country hard with its scarcity.

Answer 2

Answer:

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Explanation:

Foreign Trade in India During the Colonial Rule. Foreign trade means the exchange of goods and services between two or more countries/borders or territories. ... During this period, Britain held the monopoly of over India's imports and exports.