Take Class 10 Tuition from the Best Tutors
Affordable fees 1-1 or Group class Flexible Timings Verified Tutors Search in
Asked by Praneeth Last Modified
Answer 
Edusmart Skills
Over the 19th century, the British manufacturers . flooded the Indian market. Foodgrain and raw material which were exported from India to Britain increased.The value of British exports to India was much . higher than the value of British imports from India. Thus, Britain had a ‘trade surplus’ with India and used this surplus to balance its trade deficits with other countries.
In this way, a multilateral settlement system works. It allows one country’s deficit with another country to be settled by its surplus with a third country.
India played a significant role in world economy by helping Britain balance its deficits. This trade surplus of Britain helped the home charges i.e. private remittances of British officials, traders, interest payments on external debt and pensions of British officials in India.
For more information do visit: www.edusmartskills.com
read lessRelated Questions
Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com
Ask a QuestionRelated Lessons
Recommended Articles
Quest Academy - Institute of the month
Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...
Read full article >
Meet Sandhya R, a B.Sc tutor from Bangalore
Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...
Read full article >
Meet Raghunandan.G.H, a B. Tech Tutor from...
Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...
Read full article >
Meet Mohammad Wazid, a skilled trainer for...
Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...
Read full article >
Looking for Class 10 Tuition ?
Learn from the Best Tutors on UrbanPro
Are you a Tutor or Training Institute?
Join UrbanPro Today to find students near youThe best tutors for Class 10 Tuition Classes are on UrbanPro
The best Tutors for Class 10 Tuition Classes are on UrbanPro
7
