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WAEC Commerce 2012 Question 15

Question 15

Foreign Trade

The collection of tariffs on imported goods is the function of

  1. A.Ports Authority.
  2. B.Customs and Excise Authority.
  3. C.Clearing and Forwarding Agents.
  4. D.Export Promotion Council.
Show the answer and explanation

Answer: B (Customs and Excise Authority.)

Explanation

Customs and Excise collects import duties.