Categories: Economics WAEC

Expenditure on food takes a large proportion of the incomes of people in

A. industrialized countries
B. advanced countries
C. developing countries
D. capitalist countries

Correct Answer:

Option C = developing countries

Explanation

Option C is correct because developing countries depend mainly on imported finished goods, and taxes are being paid on these goods from the point of clearing at the port to the point of sales at shops.

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