Multiple choice

Tobin Tax is

  1. a tax levied on tobacco products.

  2. a tax levied on foreign exchange transactions

  3. a tax levied on pharma products.

  4. a tax levied on agricultural products.

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

A Tobin tax is a tax proposed on short-term currency conversions (foreign exchange transactions) to curb speculation.