Question

How did britain balance its deficit with trade in india 19 century?

Answer 1

HEY GUYS


HERE IS THE ANSWER :-


_____________________________
________________________________

✨An economic measure of a positive balance of trade where a country's exports exceeds its imports. A trade surplus represnts a net inflow of a domestic currency from foriegn markets, and is the opposite of a trade defict which would represent a net outflow.

_____________________
ok it helps you ✌✌✌✌

Answer 2

Answer:

Foodgrain and raw material which were exported from India to Britain increased. The value of British exports to India was much . higher than the value of British imports from India. Thus, Britain had a 'trade surplus' with India and used this surplus to balance its trade deficits with other countries.