why did the Indian government put up trade barriers after independence?
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A barrier to trade is a government-imposed restraint on the flow of international goods or services. ... Subsidies make those goods cheaper to produce than in foreign markets. This results in a lower domestic price.The Indian government put up barriers after Independence because it was considered necessary to protect the producers within the country from foreign competition. ... (i)This was considered necessary to protect the producers within the country from foreign competition.
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