Import Tariffs and Export Tax in International Economics

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Added on 2022/12/13

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This report discusses the impact of import tariffs and export tax on the distribution of real income in China and Australia. It explores the theory of protection in economics and the benefits and drawbacks of these taxes. The role of tariffs in protecting domestic industries and the effects of export taxes on government revenue and producer well-being are also examined. Overall, the report highlights the importance of import and export taxation for economic development and national welfare.

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Import Tariffs and Export Tax in International Economics

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