Question

why had india put barriers to foreign trade and foreign investment after independence?state any five reasons

Answer 1

Because they were developing Indian markets which then can compete with produCTS from international market

Answer 2

Answer:

Explanation:

India put trade barrier after independence:

To support small scale industries

To reduce competition for newly emerging industries

To increase standard of living of Indians

To provide employment opportunities for Indians

To increase GDP

To increase economic growth.