Question

what benefits did the british get by having a trade surplus with India?

Answer 1

Britsh get the raw material in india with very cheap rate.Then they sell this raw material in eurpean country with very high rate.Fraom the eurapean country the material made by the raw material is sell in india with very high rate.So british get benefits from trade in india.
=============
plz mark as brainliest

Answer 2

Trade surplus:

When the value of exports is higher than value of imports, it is called as ‘Trade Surplus’.

Britain had a trade surplus with India for the following reasons:

(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.

(ii) This is how n multi-lateral settlement system works - it allows one country’s deficit with another country to be settled by its surplus with a third country.