Question

Explain the condition of foreign trade on the eve of Independence. ​

Answer 1

Answer:

• during India's freedom struggle the conditions on trade were:
• British gov brought Indian goods in less price but sold it in higher prices in other countries .
• They established their own salt ,textile and goods industries; which lead to a great loss to Indian economy.

Answer 2

Answer:

The state of India's foreign trade on the eve of Independence was as follows: (a) Net Exporter of Raw Material and Importer of Finished Goods. India became an exporter of primary products such as raw silk, cotton, wool, sugar, indigo, jute, etc. ... British maintained monopoly control over India's foreign trade.