WRITE A NOTE ON IMPORT AND EXPORT IN INDIA
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Imports and exports recorded highest growth rates during 1834 and 1866, due to the Crimean War (1853-1856) and the massive expansion in railway network. ... Such policy freed India to accept British imports either at nominal duties or free while Indian manufactures were subjected to high import duties in England.
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exporting is defined as the sale of products and services in foreign countries that are sourced or
made in the home country.
importing refers to buying goods and services from foreign sources and bringing them back into the home country.
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