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Import duties will increase total expenditure on imports if the demand for imports is?
Classroom
Economics Classroom
Jamb
Jamb 1990
International Trade
Meaning And Basis For International Trade
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Import duties will increase total expenditure on imports if the demand for imports is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Elastic
B
Inelastic
C
Infinitely elastic
D
Derived
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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