what were the consequences of breakdown of Indian export trade controlled by the Indian merchants?
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Explanation:
Exports from the old ports fell dramatically and local bankers slowly went bankrupt. Impacts : (a) Weavers devoted entire time to weaving. They were forced to accept the prices fixed by the company.
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Exports from the old ports fell dramatically and local bankers slowly went bankrupt. Impacts : (a) Weavers devoted entire time to weaving. They were forced to accept the prices fixed by the company.
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