Which of the following is NOT true ?

1.	Which of the following is NOT true ?
A.	Taxes on international trade are the major source of tax revenue for low-income countries with poor administrative capacity
B.	import duties can restrict luxury goods consumption
C.	several LDCs have used value-added taxes to raise a substantial fraction of revenues
D.	Cascade tax a form of progressive tax, is dominant in DCs
Answer» E.

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Which of the following is NOT true ?

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