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JAMB Commerce 2018 Objective — Question 11

Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2018 Objective paper, with the correct answer and a full explanation.

Excise duties are paid on goods that are

A. imported into the country
B. manufactured within the country
C. exported to other countriesCorrect
D. kept in bonded warehouses

Explanation

Excise duties are the tariffs imposed on goods meant for export.

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