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WAEC Economics 2012 Objective — Question 44

Question 44 of 49 from the West African Examinations Council (WAEC) Economics 2012 Objective paper, with the correct answer and a full explanation.

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An excise tax is imposed on goods

  • A. smuggled into the country
  • B. manufactured locallyCorrect
  • C. imported into the country
  • D. seized by Customs officials

Explanation

Excise tax is imposed on locally manufactured goods.

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