Post Utme Esut 2023 Commerce Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Esut Commerce examination.

Post Utme Esut 2023 Commerce Objective / Multiple Choice
Question 20 POST_UTME_ESUT • 2023 • COMMERCE • objective

A consumer in Nigeria purchases a product online from a foreign company. The product is subject to customs duties and other taxes. What is the term for the total amount of customs duties and taxes paid on the imported product?

Answer Options

Correct Answer A. Tariff
B. Duty
C. Tax
D. Customs Value
Correct Answer
A
Correct Option:
Tariff

About This Question

This is Post Utme Esut 2023 Commerce Question 20. It is one of the objective questions from the 2023 Post Utme Esut Commerce examination.

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