Question

how is tax barrier important​

Answer 1

Answer:

tax barrier is defined as the if government tax on import so the cost of production is low and prices increses. it help the foreign trade to connect domestic market to other countries market.

Answer 2

Answer:

Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. ... The effect of tariffs and trade barriers on businesses, consumers and the government shifts over time. In the short run, higher prices for goods can reduce consumption by individual consumers and by businesses.