Gujarat BoardEnglish MediumSTD 8MATHSComparing Quantities1 Mark
MCQ
Tax on imports is an example of $............$
A
Indirect tax
✓
Trade barrier
C
Sales tax
D
Direct tax
✓
Answer
Correct option: B.
Trade barrier
Any restriction imposed on the free flow of trade is a trade barrier. Trade barriers can either be tariff barriers $($the levy of ordinary negotiated customs duties in accordance with Article $\text{II}$ of the $\text{GATT})$ or non$-$tariff barriers, which are any trade barriers other than tariff barriers
Tax on imports is an example of Trade Barrier.
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