1
Question
Why didn't the trade with England benefit the Indian economy?
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Solution
India was
forced to accept readymade British goods either duty free or at normal duty
rates while Indian products were subjected to high import duties in England.
The Indian handmade goods were unable to compete the cheaper British products.
India was forced to accept readymade British goods either duty free or at normal duty rates while Indian products were subjected to high import duties in England. The Indian handmade goods were unable to compete the cheaper British products.
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