what is the name of British trade policy?
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The British Raj had no consistent trade "policy" until the mid-nineteenth century. ... From 1846 the British Raj instituted a uniform tariff rate schedule: 3.5 percent on cotton twist and yarn, and 5 percent on all other goods imported from Britain. For imports from all other countries, the rates were double.
Answered by
1
Answer:
The British Raj had no consistent trade "policy" until the mid-nineteenth century. ... From 1846 the British Raj instituted a uniform tariff rate schedule: 3.5 percent on cotton twist and yarn, and 5 percent on all other goods imported from Britain. For imports from all other countries, the rates were double.
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