Economy, asked by harshitakanwar71, 10 months ago

why did the Indian government put up trade barriers after independence?​

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Answered by zacknight47
21

Answer:

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.

Answered by Anonymous
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