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GCE Commerce 1990 Question 82

Question 82

Foreign Trade

Customs Duties are

  1. A.excise duties
  2. B.dock dues
  3. C.customary dues
  4. D.customs officers' duties
  5. E.import tariffs
Show the answer and explanation

Answer: E (import tariffs)

Explanation

Customs duties are taxes on imported (and some exported) goods, i.e. tariffs; excise duties are on home-made goods.