Online Shopping & Economics Flashcards
0
Q
What level of government is concerned with online shopping?
A
Federal Government
1
Q
How can the effects of online shopping on local businesses be resolved?
A
Adding a tax to overseas online sales
Educating businesses on taking their products online
2
Q
What is wrong with online shopping?
A
Online shopping takes money and jobs away from local businesses
3
Q
What is the cause of the problem with online shopping?
A
Online shopping is convenient and often cheap, especially when you buy products from overseas. Overseas products are not taxed like the products in Australia, which is affected by the GST tax.
4
Q
What is the government doing about online shopping?
A
The federal government is currently trying to get a tax put on overseas products bought online.
