What will happen if the trade barriers are removed from the import of chinese toys to india by brainly
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Answered by
30
if the trade barriers are removed then following will happen :-
1) our Indian market will get flooded with Chinese goods
2) this will eventually increase competition for the local traders and they will have to face hardship
1) our Indian market will get flooded with Chinese goods
2) this will eventually increase competition for the local traders and they will have to face hardship
Answered by
9
If barriers are removed then this will facilitate the trade of toys between China and India. There will be an amicable economic relationship between the Chinese economy with the Indian economy. The Chinese toys will dominate the Indian market and thus the development of foreign policy between the two states, there will be a balance of the power of the currency in between the two states
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