Social Sciences, asked by ankupriya4523, 2 months ago

Assertion (A): Tax on imports known as a trade barrier.

Reason (R): It decreases the price of imported commodities.​

Answers

Answered by sahanashashank865
10

Explanation:

TAX on import is known as a trade barrier, because some restriction has been set up. ... The Indian government after independence had put barriers to foreign trade and foreign investment. This was considered necessary to protect the producers -within the country from foreign competition.

Similar questions