Social Sciences, asked by SweetGal, 1 year ago

A group of companies in India wishes to import high quality ACs from South Korea but have to pay huge import tax on them which would make the ACs very expensive leading to a decline to their sale. Ascertain the role of the import tax in this situation.

Answers

Answered by VaishnaviLakhotiya

7

Import tax plays a role of trade barrier.....
Hope it helps......

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