History, asked by Rahulsunny4876, 1 year ago

how did britain use trade surpluseswith india

Answers

Answered by moxiegamers
1

Britain had a trade surplus in India because the value of British imports was much lower than British exports in India ..that's why Britain had a trade surplus..it used it's trade surpluse to deficit it's imports from other countries

Answered by Anonymous
35

During this period, Britain held the monopoly of over India's imports and exports. Therefore, most of the foreign trade was restricted only to Britain and other was while the rest half was allowed to trade with other countries like Ceylon (Sri Lanka), China, and Persia

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