alleryWhy is a tax on imports called a barrier?
AIt repeats trials
BIt restricts trade
CIt reduces trains
DIt removes traders
Answer & Solution
Correct answer: B. It restricts trade
1. Governments use it to regulate foreign trade.
2. It decides what goods enter and how much.
3. It sets up a restriction.
_Source: syllabus Social Science, 'Understanding Economic Development', Ch 4 'Globalisation and the Indian Economy'_
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