How did britain had a trade surplus with india?
aNsWeR fAsT
Answers
Answered by
2
Britain used this surplus to balance trade deficit with other countries. Food grains and raw material exports from India to Britain and the rest of the world increased. But 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.
Answered by
1
the value of import from britain to india was higher than the value of export from india to britain
this helped britishers to balance the trade deficit from other countries
Similar questions