Question

write a short note on foreign trade of India​

Answer 1

Short essay on Foreign Trade in India. ... Foreign trade refers to trade between two or more countries of the world. All countries participating in international or foreign trade import those goods and services from abroad which they are less efficient to produce or can not produce at all.

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Answer 2

$\mathfrak\red{Hello \ Good morning}$

India’s foreign trade was largely determined by the strategic needs of the British colonial powers prior to its independence in 1947 Like other colonies, India too was a supplier of raw materials and agricultural commodities to Britain and other industrial countries and it used to import the manufactured goods from Britain.The dependence of colonial India on Britain for manufactured goods hindered the process of industrialization and obliterated the indigenous handicraft and cottage industries.