The tax paid on goods produced within a country is known as
import duty
excise duty
ad valorem duty
customs draw back
Correct answer is B
Excise duties are taxes paid for goods produced in the domestic economy.
A document through which the public is invited to subscribe to the shares of a company is a
Memorandum of Association
Article of Association
Prospectus
Debenture
Correct answer is C
A prospectus is a document containing an invitation to the public to subscribe or buy a company's shares
Which of the following requires a certificate of trading to start business
Public corporation
Public limited company
Cooperative society
Private limited company
Correct answer is B
A trading certificate is a certificate issued by the registrar of companies, (in this case, the corporate affairs commission) to a public company without which the company may not do business.
These public companies also need this certificate to source funds from external sources.
marketing concept
advertising
public relations
sales promotion
Correct answer is C
Public relations has to do with how a company is perceived by the public or its customer.
It involves building mutually beneficial relationships between organizations and the public.
If a country devalues its currency, there would be
reduction in imports
reduction in exports
increase in production locally
increase in local standard living
Correct answer is A
Devaluation of a country's currency reduces the cost of exporting goods and services to other countries, making the exporting country to be more competitive in the global market, which, in turn, increases the cost of importing goods into the country.
With a high cost of importation, imports will be reduced as people will be uninterested in importing goods at a high cost.