10. Which of the following is FALSE? A) Tariffs are a relatively easy tax to administer and often form an important part of revenue for low-income countries. B) Taxes on income, sales, and property require more complex accounting systems than do tariffs. C) Low-income countries often have large informal markets with the sales of many goods and services not being recorded, which makes it difficult to apply many kinds of taxes. D) Tariffs are not an attractive tax option for most low-income countries, so they mostly rely on quota licenses for revenue

10. Which of the following is FALSE? A) Tariffs are a relatively easy tax to administer and often form an important part of revenue for low-income countries. B) Taxes on income, sales, and property require more complex accounting systems than do tariffs. C) Low-income countries often have large informal markets with the sales of many goods and services not being recorded, which makes it difficult to apply many kinds of taxes. D) Tariffs are not an attractive tax option for most low-income countries, so they mostly rely on quota licenses for revenue

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter33: International Trade

Section: Chapter Questions

Problem 6QP

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Question

10. Which of the following is FALSE?

A) Tariffs are a relatively easy tax to administer and often form an important part of revenue for low-income countries.
B) Taxes on income, sales, and property require more complex accounting systems than do tariffs.

C) Low-income countries often have large informal markets with the sales of many goods and services not being recorded, which makes it difficult to apply many kinds of taxes.
D) Tariffs are not an attractive tax option for most low-income countries, so they mostly rely on quota licenses for revenue.

i will rate. so answer correctly please

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