GCE Commerce 2023 Objective — Question 23

Question 23 of 50 from the General Certificate of Education (GCE) Commerce 2023 Objective paper, with the correct answer and a full explanation.

Items imported into a country are cleared and taxed by (a) the central bank (b) the Ministry of Trade (c) Customs and Excise authorities (d) the chamber of commerce

A. the central bank
B. the Ministry of Trade
C. Customs and Excise authoritiesCorrect
D. the chamber of commerce

Explanation

Customs and Excise authorities are responsible for managing ports, collecting import/export duties, and clearing goods entering or leaving the country.

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