Q1) “The most important characteristics of India’s foreign trade through out the
colonial period was the generation of a large export surplus. But this surplus
came at a huge cost to the country’s economy “ . Do you agree with the above
statement ? Give valid reasons in support of your answer ( class 12 each 3 marks question answer)
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Answer:
no....export surpluss is there but we need same demand outside...but demand is controlled ny british by levying charges