alleryAn export tax is a tax on
Agoods bought from abroad
Bgoods sold abroad from a country
Cdomestic consumption
Dpersonal income
Answer & Solution
Correct answer: B. goods sold abroad from a country
1. An export tax is levied on goods leaving the country.
2. Used to discourage exports of essential commodities (e.g. food in shortage).
3. Different from an import duty, which is levied on goods entering.
_Source: syllabus Understanding Economic Development, Ch 4 "Globalisation and the Indian Economy"_
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