Question

A group of companies in india wishes to import gh quality ACs from south korea but have to pay a huge import tax on them wch would make the ACs very expensive leading to a decline their scale.ascerta in the role of the important tax in ts situation?

Answer 1

The import tax will be less or more but pay would be very high to ACs .From South Korea ACs the import tax is too high.

Answer 2

here import tax is acting like trade barrier