More than half of India's foreign trade was restricted to which of the following country during colonial times? |
Ceylon Persia China None of the above |
None of the above |
As Britain exercised monopoly power over the imports and exports of the Indian goods, it made sure that major portion of the products were exported to their home country i.e. Britain. And the remaining were exported to countries like Ceylon ( Sri Lanka), Persia (Iran) and China. |