Question

The government of Namibia is strapped for cash, and it has decided to tax all foreign investments (such as food packaged in the country) by up to 40 percent of the appraised value. The Namibian government has found that this is the handiest and quickest means of finding operating funds. The economic risk in discussion here is

A) exchange controls.

B) local-content laws.

C) tax restrictions.

D) tax controls.

E) price controls.

Answer

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