Wednesday, March 3, 2010
SMUGGLING
Smuggling is very harmful to economy of a country. It is a crime against society.Some bad results of smuggling:1- The governments loses foregin exchange when goods are smuggled out of country, it cannot earn from the taxes on them.2- When things like foodgrains are smuggles out, their quantities in the country get reduced, and their prices rise. 3- When foreign industrial products are smuggled into the country, the factories producing them inside the country have to reduce their production. People should not buy smuggled goods. Smugglers should be given very heavy punishments.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment