Question

What would happen if the government of india puts heavy tax on import of chinese toys .Give three points?

Answer 1

Answer:

- Indian small-scale manufacturers of toys would prosper as they would have protection against the import of cheap mass-produced toys from China.

- As Indian manufacturers expand their business, more employment opportunities would be created. This will boost the economy.

- Chinese manufacturers will be hard hit by the import duties and they will have to look for suitable market elsewhere. Their wealth will decline as the market in India will have collapsed.

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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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