Why are domestic goods cheaper for consumers to purchase than imported goods?

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Answer

1262151

2026-03-17 16:20

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Imported goods will be costlier than the domestic, because the following costs added extra.

Transporting charges from factory to port.

Freight charges.

Import duty.

Taxes.

Transport charges from port to the buyer's warehouse.

Buyer's profit.

Distribution cost to the shops all over the country with retailer's profit.

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