Question

Q4. What would happen if the government imports huge Chinese toys?

Answer 1

Answer:

If Government of India puts a heavy ban on the import of Chinese toys then, Due to the heavy import duties on the Chinese toys, these toys will become expensive in the Indian markets. Chinese toys will no longer remain cheap and therefore their import from China will automatically reduce.

Answer 2

If the Government of India puts heavy tax on import of Chinese toys then: (i) The Chinese toys would become costlier to the customers in India. (iii) The Chinese government too would impose restrictions on Indian toys.

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