Environmental Sciences, asked by suvarthaonline, 1 year ago

why do government impose taxes on imported goods? what effects does it have on trade between countries?

Answers

Answered by vicky9637
3

Tariffs are used to restrict imports by increasing the price of goods and services purchased from overseas and making them less attractive to consumers. ... Governments may impose tariffs to raise revenue or to protect domestic industries – particularly nascent ones – from foreign competition.

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