+1 vote
in Class 10 by kratos

What would happen if Government of India puts heavy tax on import of *** toys? Explain any three points.

1 Answer

+2 votes
by kratos
 
Best answer

If Government of India puts heavy tax on import of **** toys, then*

(a) the ** toys will become expensive and may be people will not buy them and, thus, the ** toys will loose their market in India.

(b) people in India, will buy local made goods (toys) and the local industries will get a boost and their sale will also go up.

(c) as there would be greater demand of Indian goods, the Indian, manufacturers, then, will earn more profits and workers will get more employment.

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