Question

who organised the policy of one way free trade​

Answer 1

The act of 1720 prohibited the use of Indian textiles in England.As a result Indians only imported goods at a nominal duty and the export of goods ceased. It hampered the employment generation in India and the manufacturing towns of Dhaka and murshidabad became desolate

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Answer 2

Answer:

Victoria made the case under principles of Jus Gentium. However it was two early British economists Adam Smith and David Ricardo who later developed the idea of free trade into its modern and recognisable form.

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