A permit that allows an importer to bring a certain quantity of foreign goods into a country is?

By: |Published on: Jan 7|Categories: Economics WAEC| 0 comments

A. Import monopoly
B. Import license
C. Import quota
D. Embargo

Correct Answer: Option B

B. Import license

Explanation

Import license allows an importer to bring and purchase foreign currency required to pay for them.

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