One disadvantages of direct tax is that
Government's revenue is reduced
Price of essential commodities fall
People are discouraged from additional work
Firms make more profit
Correct answer is C
No explanation has been provided for this answer.
Taxes levied on commodities are
Direct taxes
Indirect tax
Poll tax
Investment taxes
Correct answer is B
No explanation has been provided for this answer.
Increasing population
Willingness of members to co-operate
Geographical contiguity
West trade relation
Correct answer is D
No explanation has been provided for this answer.
The act of selling goods in foreign markets at prices below those charged at home market is called
Exchange
Specialization
Dumping
Exporting
Correct answer is C
No explanation has been provided for this answer.
To ensure high employment rate, developing countries should
Build more universities
Protect infant industries
Organize trade fairs
Prevent rural-urban drift
Correct answer is B
No explanation has been provided for this answer.