Social Sciences, asked by sasmalsubham356, 1 year ago

Why is ‘tax’ on imports known as trade barrier? Why did the Indian government impose barriers on foreign trade and foreign investments after independence? Give three reasons.

Answers

Answered by riyansh5
2

Hey dude

The Indian government after independence had put barriers to foreign trade and foreign investment. This was considered necessary to protect the producers -within the country from foreign competition. ... Competition from imports at that stage would not have allowed these industries to develop and grow

Answered by ankushsaini23
3

Answer:

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Tax on imports goods known as trade barriers because restriction has been set up for import goods from foreign companies by the government . The Indian government impose trade and foreign investments after independence because of following reasons ; To protect the producers within the country from foreign competition .

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