Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
319 views
in Impact of British Rule in Indian Economy by (47.7k points)
closed by

What is tariff policy? How did it affect the Indian Foreign Trade?

1 Answer

+1 vote
by (50.9k points)
selected by
 
Best answer

Tariff policy was adopted by the British empire by which heavy duty was imposed on the goods exported from India to England whereas the goods exported from England to India were totally tax free. This ruined the Indian industries because the goods from India to England became less in demand and hence less production in India. This was an intentional step of the British government to ruin the foreign trade of India. With the fall in demand, there was decline in the exports from India to England.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...