It is suggested that developing nations introduce taxes on goods or
services
being imported so that local industries flourish. I do not agree with Use synonyms
this
proposal, as it is both impractical and Linking Words
Linking Words
also
causes economic issues.
Rephrase
apply
Firstly
, we are living in a world where people's economic situations have improved compared to the past. Linking Words
This
means even if foreign products and Linking Words
services
were to be made more expensive Use synonyms
due to
tariffs, many people would still continue to purchase them, if needed, anyway. Linking Words
This
is particularly true for high-income individuals since Linking Words
this
practice would not have a significant effect on their budget. Linking Words
As a result
, Linking Words
such
a development can create inequality between the poor and the rich rather than help local businesses grow. Linking Words
For example
, in my country Linking Words
Uzbekistan
, the Punctuation problem
, Uzbekistan
endeavor
to increase GM car sales by putting extra charges on imported cars did not prove successful, and was Use the right word
endeavour
then
abolished by bringing the costs down again.
Linking Words
Secondly
, despite being foreign, established companies contribute significantly to the national economy. Linking Words
This
is because they not only provide many people with jobs, but Linking Words
also
pay larger amounts of taxes. Linking Words
However
, when tariffs were implemented, Linking Words
this
could affect their operations negatively, leading to some closures. Linking Words
This
, in turn, translates into higher unemployment rates and reduced taxes, meaning the economy is at stake. Examples include multinational companies like KFC and McDonald's Linking Words
to
name only food chains. These business entities offer benefits ranging from convenience to the public and a source of income to increased revenues to the government budget. Punctuation problem
, to
Therefore
, simply Linking Words
prioritizing
local Use the right word
prioritising
services
and goods over those entering the country does more harm than good.
In conclusion, charging goods and Use synonyms
services
imported in order to encourage local ones is not a logical course of action Use synonyms
seeing
as it can cause practical and economic problems.Punctuation problem
, seeing