- Imperial preference was a policy under which goods imported from within the British Empire received preferential tariff rates compared to goods from outside the Empire. - This system facilitated the dominance of British manufactured goods in colonial markets like India and secured raw materials for Britain, often to the detriment of nascent Indian industries and trade independence.
The term “imperial preference” was applied to the
Asked in UPPCS Prelims 1999 · Topic: Economic Impact of British Rule on India (Impact on Trade Patterns and India's Subordinate Role in Global Economy)
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Answer: C. subordination of Indian interest to that of the British
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