Farmers within a country are often protected by tariffs - that is, special taxes on imported food. Such policies are necessary, and should be implemented wherever possible. To what extent do you agree with this?
In most countries, Local
farmers
benefit from protective taxes
. Some argue that policies like this
are not essential while others think in order to have a sustainable economy it is vital to design these tariffs. I personally agree with the former statement.
To begin
with, protective tariffs are designed to shield domestic producers like farmers
from foreign competition. Not only this
can result in saving the farmers
from going bankrupt it also
helps them have a more profitable business so they can extend their production. By adding specific taxes
to some products
the value of the same products
would be different and more local commodities would be sold. For instance
, in 2010 in ,Iran the value of Indian rice, which was quite popular because of its cheap price, rose this
occurrence resulted in selling more Iranian rice the following year.
Additionally
, in order to have a sustainable economy in every nation. It is important to have these sorts of tariffs to protect the local community. local products
are the outcome of time, energy and regional resources so if a commodity is produced it should be sold within or outside the borders if not, it would result in numerous economic losses for both farmers
and the country as a whole. in other to prevent this
from happening and grant the domestic products
to be sold the additional taxes
should be enforced on products
from outside the border. This
additional income can also
be used to save the domestic commodities and facilitate the producers to have a
better production. A good example of Remove the article
apply
this
is china which has high-rate taxes
on foreign products
and it resulted in growth in its international economic status.
To sum up, it seems that it is necessary to have protective taxes
to help the local farmer and domestic commodities and a balanced national economy.Submitted by kianarastinew1 on
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Use cohesive linking words accurately and appropriately
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Linking word examples:
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- secondly
- thirdly
- in additional
- moreover
- also
- for example
- for instance
- therefore
- however
- although
- even though
- despite
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