- 20 Marks
PSAF – Mar/Jul 2020 – L2 – Q6 – PSAF – Mar/July 2020 – L2 – Q6 – Methods of Privatisation and Customs Duties
Identify and explain methods of privatisation and the impact of customs and excise duties on economic behaviour.
Question
a. Privatisation may be defined as the transfer of asset, business, industry, or service from public to private ownership and control.
Required:
Identify and explain FOUR methods of privatisation. (10 Marks)
b. The customs and excise authority is one of the key border agencies in any country.
Required:
Explain the terms ‘excise’ and ‘customs duties’ and identify how each is used to influence economic behaviour. (10 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Customs Duties, Economic Behaviour, Excise Duties, Privatisation
- Level: Level 2
- Topic: Customs and Excise Duties, Privatisation
- Series: MAR/JULY 2020
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