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Tax is a trade barrier give …

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Tax is a trade barrier give reason

Posted by Sakshi Joshi 7 years ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 7 years ago

Since the taxation on imported goods is done to discourage imports into that country. It increases the prices of the cheaper imported goods and thus eliminating the competition .Thus local and home industries are saved. This is the reason why it i soften referred as "tax barriers".

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CBSE > Class 10 > Social Science