Types of imported goods become expensive because of the postage rates and customs taxes of the goods.
In theory, withholding imports of consumer goods will certainly create an inflationary effect on domestic consumer goods. When consumer goods become more expensive, the people's purchasing power is at stake.
Further Explanation
In addition to shipping costs, the item is also subject to additional fees in the form of import duties. The amount of import duty really depends on the type of goods. If the sending country is involved in trade cooperation with a country, the price can be different again.
There are two functions of customs duties. First, to record if goods that enter are safe, licensed, can be accounted for, and not smuggled goods that are harmful to consumers. The duty of customs officials who oversee the legality of goods at the port of cargo.
Secondly, of course, in order to protect domestic industries from competition for similar imported goods. If the price is the same, foreign brands will definitely be chosen because they have prestige. Hence, the price of imported goods is heavily bound.
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imported goods
Customs Duties
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Class: Middle School
Subject: History
Keyword: goods, imported, customs duties