What are trade barriers and why did the indian govt put up trade barrier after independence?
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A trade barrier is any restriction put by the government to increase or decrease foreign trade. The Indian government put up trade barriers after independence because of the following reasons: To protect Indian traders from foreign competition.
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⚡What are trade barriers??
⏩ Restrictions on trade is called Trade barriers.
eg:- Tax on import.
⚡ Why did Indian Government put up trade barriers after Independence??
⏩ Because, It was considered necessary to protect the producers within the country from foreign trade.
ℍᝪℙℰ ⅈᝨ ℍℰℒℙՏ ℽᝪႮ....
✌✌
⏩ Restrictions on trade is called Trade barriers.
eg:- Tax on import.
⚡ Why did Indian Government put up trade barriers after Independence??
⏩ Because, It was considered necessary to protect the producers within the country from foreign trade.
ℍᝪℙℰ ⅈᝨ ℍℰℒℙՏ ℽᝪႮ....
✌✌
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