A tax imposed by a nation on an imported good is called_________________?

Related Mcqs:

1. A market in which money of one nation can be used to purchase the money of other nation is called____________________?

   A. Money market
   B. International market
   C. Foreign exchange market
   D. All of these

2. The rate of exchange of one nation’s currency for another nation’s currency?

   A. Exchange rate appreciation
   B. Exchange rate depreciation
   C. Exchange rate determinant
   D. None of these

3. Using part of income/saving for more income is called_________________?

   A. Investment
   B. Busyness
   C. Consumption
   D. Entrepreneurship

4. A benefit or cost from production or consumption accruing without compensation to non buyers and non/sellers of the product is called_________________?

   A. Speculation
   B. Specialization
   C. Spill over
   D. anti dumping

5. A good and service is indivisible and to which the exclusion principle does apply is called_________________?

   A. Public service
   B. Public good
   C. Public finance
   D. Public debt

6. Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?

   A. Fiscal policy
   B. Economic planning
   C. Economizing problem
   D. None

7. A tax levied on the cost of a board group of products______________________?

   A. Income tax
   B. Sales tax
   C. Consumer charge
   D. None

8. Tax levied on production of specific product on quantity of product purchased ?

   A. Sales tax
   B. Excise tax
   C. Income tax
   D. All

9. A federal budget deficit caused by a recession and a consequent decline in tax revenues ?

   A. Annual deficit
   B. Cyclical deficit
   C. Anticipated deficit
   D. None

10. A tax which is a constant amount at all levels of GDP is termwd as ?

    A. Fixed tax
    B. Surcharge
    C. Lump sum tax
    D. None