A. import duty
B. excise duty
C. company tax
D. value-added tax

Correct Answer:

Option B – excise duty

Explanation

A tax percentage levied on manufactured, sale, or use of locally produced goods (such as alcoholic drinks or tobacco products).

SEE ALSO  In the circular flow of income; an increase in savings causes?

Copyright warnings! Do not copy.

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