Economy, asked by AlankritaSrivastava8, 1 year ago

what was the state of the India's foreign trade under British rule

Answers

Answered by Anonymous

$\Large\bf\color{Red}{Hey\:Friend}$

Mumbai was the state of the India's foreign trade under British rule.

Hope it helps☺☺

✌✌

AlankritaSrivastava8: are u sure

Anonymous: Not much as I dont know much about Indian History

AlankritaSrivastava8: ok

Anonymous: But I knew that when traders from our country moved to India they used MUMBAI as the ship harbour for exporting and importing of goods☺☺☺

AlankritaSrivastava8: yes thnks

Anonymous: so, I thought that Mumbai must be correct✌✌

AlankritaSrivastava8: ok

Anonymous: :)

Answered by presentmoment

Explanation:

'Foreign trade in India' includes all 'imports and exports' to and from India. When it comes to 'Central Government', it is managed by the 'Ministry of Commerce and Industry'.

Foreign trade accounted for '48.8%' of 'India's GDP' in the year 2015. Mumbai was the state of India's foreign trade under British rule.

The 'different sectors of the economy' were affected by British policies.

Advantages of foreign trade:
Maximum Use of 'Natural Resources'
Availability of Goods

Previous Question

Next Question