Mention whether the following statement is true or false: (1) Foreign trade of India is governed by the discriminatory tariff policy of the British government in India.
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Discriminatory Tariff Policy: The British rule in India corresponded with its industrialisation. Thereby, they imposed heavy tariffs (export duties) on India's export of handicraft products, while allowed free export of India's raw material to Britain and free import of British products into India.
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