Multiple choice

Directions: Choose one word from the alternatives to replace the phrase given below.

Duty payable on exports or imports

  1. Literate

  2. Ineligible

  3. Tariff

  4. Budget

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Tariff is a tax or duty to be paid on a particular class of imports or exports. Literate means able to read and write, ineligible means not qualified, and budget is an financial plan. Tariff specifically applies to trade duties.