A. Ad-valorem duty
B. excise duty
C. export duty
D. quota

Correct Answer:

Option B – excise duty


An excise duty is a type of tax charged on goods produced within the country

excise duty is a percentage levied on manufacture, sale, or use of locally produced goods

SEE ALSO  The net profit of a business is determined by?

Copyright warnings! Do not copy.

The Secret To Relocate To Canada Without IELTS. Watch The Training Videos For Free.