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WAEC Commerce 2017 Objective — Question 18

Question 18 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

18. The duty payable on goods produced locally is

A. A. export duty
B. B. excise dutyCorrect
C. C. import duty
D. D. advalorem duty

Explanation

Excise duties are taxes levied on internally produced items.

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