Social Sciences, asked by Rohit72928, 1 year ago

What is tax barrier? How it helps in regulating the foreign trade question mark

Answers

Answered by yash5161
32
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
i hope u get help

Rohit72928: Thankyou
Answered by subhajit3248
6

Answer:

Trade between countries enables them to extend the boundaries of the market.

Foriegn trade enables countries of the world to consume goods that they are not able to produce

Foreign trade helps equilising prices over different parts of the world.

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Explanation:

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