Social Sciences, asked by Gopal90444, 10 months ago

How did britain balance its deficit with the trade in india in the 19 Century?​

Answers

Answered by valluborse
34

1) Britain grew opium in India and exported it to China and with the value earned through this trade financed its imports like tea from China.

2)The value of British exports to India was much higher than the value of british imports from India.

3) Thus, Britain had a trade surplus with India. It used this surplus to manage its trade deficits with countries from which it was importing more than it was exporting.

Gopal90444: bro 1st Point is Right or Wrong please Clear my doubt
valluborse: it is right, you can check in TB if you wan
valluborse: it is surely right brother
Answered by Devboriwal95
4

Answer:the answer in this pic you have must also seen the answer

Explanation:

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