Economy, asked by aravindsenthil3777, 10 months ago

Explain the foreign trade after independence

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Answered by 22Aryan22

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After independence, India has been constantly experiencing an adverse balance of trade (i.e., the difference between the value of exports and the value of imports) during most part on the planning period. ... The balance of trade deficit which was Rs. 50 crores in 1950-51, rose to Rs. 10640 crores in 1990-91.

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