163 | How Pakistan Can Increase Its Export? Ft. Gonzalo Varela
Thought Behind Things
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Import Duty Increases Exports
The high imporduty creates extra profits for the domestic firm that chooses to sell domestically. It increases incentives to focus on the domestic market at the expense of the foreign market, right? And this is why import duties are called import duties, but for all purposes they are export taxes, right?
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