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Import taxes can affect the price of, say, yoga classes. Not direcly of course (unless maybe you're following a correspondence/video course from India where you
by tmtvl 1y ago
Import taxes can affect the price of, say, yoga classes. Not direcly of course (unless maybe you're following a correspondence/video course from India where you need to buy imported tapes), but you can think of it like this:
The price of food is based on the price of domestic produce and the price of imports. If taxes are levied on food imports it will raise the mean price of food. As yoga instructors need food to do their job (in fact, they need it to live), they would have to raise their prices.