Social Sciences, asked by bikashchettri190, 7 months ago

trade declined during the 18th century give reason

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Answered by mercyyovel996101

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The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. ... This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.

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