Post
Topic
Board Politics & Society
Re: Is government responsible for solving unemployment ?
by
Dixon_WestSeven
on 15/08/2018, 09:56:22 UTC
Oh, didn't even know that is a thing in Brazil. So, they go abroad just to buy stuff?

It's really a balancing act. At one end you want to keep industries at home to have people employed but at the same time you want those people to be able to make the most out of their income with cheap goods.
It may not always be worth it to go abroad just to buy things, but it is very very common for them to buy thing when they go abroad. The World Economic Forum's Global Competitiveness Report said that Brazil's tariffs on imports is 11.5%. This is very significant if you're buying a big ticket item.

I found another site with countries that have even higher tariffs:
Quote
Bahamas    18.56%
Gabon    16.93%
Chad    16.36%
Bermuda    15.39%
Central African Republic    14.51%
Grenada    12.41%
St. Kitts and Nevis    12.28%
Antigua and Barbuda    11.88%
Nepal    11.66%
Benin    11.57%
This is usually the kind of thing that developing countries do. Some countries even have 0% import tax.