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      Question

      In "Indirect Taxes," the duty-free import limit for

      seafood processing inputs is increased from 1% to:
      A 2% Correct Answer Incorrect Answer
      B 3% Correct Answer Incorrect Answer
      C 5% Correct Answer Incorrect Answer
      D 7% Correct Answer Incorrect Answer
      E 10% Correct Answer Incorrect Answer

      Solution

      The limit for duty-free imports of specified inputs for seafood processing for export is increased from 1 per cent to 3 per cent of the FOB value.

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