The difference between payments and receipts for visible trade is called?
A. bilateral trade B. current balance C. balance of payments D. balance of trade Correct Answer: Option D – balance of trade
A major reason for having national development plans is to?
A. ensure efficient use of available resources B. involves people in national programmes C. make the government spend more on production D. ensure that more citizens are involved in planning Correct Answer: Option A – ensure efficient use of available...
The number of shareholders in a private limited liability company ranges from?
A. two to seven B. two to three C. two to fifty D. two to twenty Correct Answer: Option C – two to twenty
The tax levied on goods and services at each stage of production is?
A. surtax B. VAT C. ad valorem tax D. PAYE Correct Answer: Option B – VATProducts
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