India and Imperial Preference - Softcover

Roper Lethbridge

 
9781333340438: India and Imperial Preference

Synopsis

This thought-provoking text centers around India's economic position during the early 1900s, and how it could be improved through revised trade regulations, especially with Great Britain. The author points out that India enjoys a strong economic position as a provider of raw materials for British industries, yet there is a widening trade imbalance as foreign competitors gain advantages through protectionist measures. Various Indian viewpoints on trade reform are discussed, and the author emphasizes the need for a mutually beneficial "Imperial Preference" system between India and Great Britain. The author argues that such a system would foster Indian industries, strengthen economic ties within the British Empire, and contribute to a more prosperous and politically stable India. The book analyzes the potential economic consequences of Imperial Preference, and considers the political advantages of stronger commercial ties between India and the United Kingdom.

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