Question

how does import duties affect our domestic industries? ​

Answer 1

Answer:

Protective effect: an import duty raises the price of imported goods. This increase in the price of imports is likely to reduce imports and increase the demand for domestic goods. Import duties may also enable the domestic industries to have higher production costs.

Answer 2

Explanation:

import duties affect our domestic industries because when these marchent import there product to another country then they have to pay money in the form import duties