Mention a reason what would happen if Indian government has a tax on import of toys
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If Indian government adds tax on import of toys then the rate of toys increases and people start to purchase only Indian goods and not foreign goods due to high price
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꙳ 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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