what would happen if the government of India puts heavy tax on import of Chinese toys? Explain any 3 points
Answers
Answer:
i)The chinese companies have face a great loss.
ii)India can become'ATMA NIRVARA'.
iii)people have to buy Indian toys.
Answer:
Many of the toys using in India are China made.... putting heavy tax in Chinese toys then the result will be as follows.....
1) the using of Chinese goods may decrease.....
but every one in the country will not stop using..... 2) the quality of the goods produced by them decreases... ie for example if the price of toy is 100 rupees and the tax was also 100 then the total cost will be 200 rupees.... then they will produce the toy at only 20 rupees and the tax will be as usual....the total cost was 120 rupees.... there will only only 20 rupees increased than before.... so, the citizen of the country usually buy them..and the point should be noted that the price of the only toy exceeding tax will be 100 before and 20 now .... the quality of the product decreases.....
the totally banning of the quality less products helps the indian industry's.... 3)the indian industry's will develop ...