Which of the following cannot be used to regulate importation?

Assessment: WAEC SSCE - Commerce - 2008 (Objective) Subject: Commerce

Question 1 Report

Which of the following cannot be used to regulate importation?
Answer Details
The option that cannot be used to regulate importation is "Increase of excise duty." Excise duty is a tax imposed on certain goods produced within a country, and increasing it would not directly affect importation. Import quota limits the quantity of goods that can be imported, import license regulates who can import and what can be imported, and an embargo prohibits the importation of goods altogether.
Read lesson note on Trade (WAEC)
Read lesson note on Commerce (JAMB)
View Answer

Related Questions

1

Commerce can be defined as the
2

A grocer invoiced a carton of fish valued at #2,500 for #2,000 only. To correct the error, which of the following documents will be sent to the buyer?
3

Babou Penn, a fisherman says he has all necessary materials to go to sea today, except the captain of his boat . Captain here as a factor of production refer...
4

Production is defined as
5

Which of the following is not a function of commerce?
6

The process of making goods attractive and easy to handle is
7

Farmers and all other workers concerned with getting raw materials from the earth are engaged in
8

The charges imposed by the government on locally manufactured goods is called

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning