CBSE BOARD X, asked by soniavishwakarma, 1 year ago

ascertain the role of import tax in

Answers

Answered by raahul72
3
Import taxation has the potential to protect domestic industries from international competition. For example, if manufacturers in Brazil produce shirts at a cost of $15, while manufacturers in China produce shirts for $10, the people of Brazil might decide to import all of their shirts from China. 
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