Question

in the news headlines of mentioned that" Government of India put heavy tax on import of Chinese products" what would haappen due to this? give three points.

Answer 1

Answer:

Explanation:

In the case that Indian government put heavy tax on imported goods from China,

there will be an impact on the overall economy and balance of payments of India as well as India.

In the case of India,

1- Impact 1: The current account of India will go into a possible surplus.

2-Impact 2: There will be raise in demand for domestic goods of the same nature.

3-Impact 3: There will be bad relations with China.

Answer 2

꙳ Cʜɪɴᴇsᴇ ᴛᴏʏs ᴡɪʟʟ ʙᴇᴄᴏᴍᴇ ᴇxᴘᴇɴsɪᴠᴇ.

꙳ ᴛʜᴇ Cʜɪɴᴇsᴇ ᴛᴏʏs ᴡɪʟʟ ʟᴏsᴇ ᴛʜᴇɪʀ ᴍᴀʀᴋᴇᴛ ɪɴ Iɴᴅɪᴀ.

꙳ ᴀs ᴛʜᴇʀᴇ ᴡᴏᴜʟᴅ ʙᴇ ɢʀᴇᴀᴛᴇʀ ᴅᴇᴍᴀɴᴅ ᴏғ Iɴᴅɪᴀɴ ɢᴏᴏᴅs, ɪɴᴅɪᴀɴ ᴍᴀɴᴜғᴀᴄᴛᴜʀᴇʀs ᴡɪʟʟ ᴇᴀʀɴ ᴍᴏʀᴇ ᴘʀᴏғɪᴛs.

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