History, asked by rohanaryan6808, 1 year ago

List the benefits that the british got by having a trade surplus with India

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Answered by priya328872

Answer:

When the value of exports is higher than value of imports, it is called as 'Trade Surplus'. ... (i) Britain used this surplus to balance its trade deficits with other countries - that is. with countries from which Britain was importing more than it was selling to.

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