Members of the European Union (EU), Rely Heavily on This

question 167

Multiple Choice

Members of the European Union (EU) , rely heavily on this form of indirect taxes.

• A)Value-added tax
• B)Excise tax
• C)Property tax
• D)Sales tax

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Definitions:

Great Britain

An island located off the northwest coast of Europe comprising England, Scotland, and Wales.

Voluntarism

Refers to the principle or system that relies on voluntary action, especially in the context of social or economic matters, rather than compulsory measures enforced by the government.

Institutionalized system

A well-established and widely accepted system that operates according to formal rules and norms within a particular context.

Employee voice

The ways in which workers can express their opinions, concerns, and suggestions regarding workplace decisions and policies.