CBSE BOARD XII, asked by kanimozhisps2005, 2 months ago

explain the condition of foreign trade at the time of independence​

Answers

Answered by s1731karishma20211
5

Answer:

During this period, Britain held the monopoly over India's imports and exports. Therefore, most of the foreign trade was restricted only to Britain, 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.

Answered by itsPapaKaHelicopter
23

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During this period, Britain held the monopoly over India's imports and exports. Therefore, most of the foreign trade was restricted only to Britain, 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.

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