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Which among the following provides best description of consequence of the colonial economic policies of the British:
Development of foreign trade encouraged export of indigenous products across the world
Insistence on export of raw materials and import of finished goods
Free trade forced the infant Indian industries into an unequal competition with its highly organized British counterpart
Taxes were so raised so as to overburden the poor while letting the capitalist and bureaucrats go scot-free
Free trade forced the infant Indian industries into an unequal competition with its highly organized British counterpart. British goods were imported with very less or negligible excise taxes while Indian goods were targeted with higher export duties.
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