Economics · Oct / Nov 2018 · Paper 23 · Question 2
2281
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The question as text
A United Arab Emirates (UAE) airport announced a record profit of $1.9 billion in 2016. This was despite a fall in its total revenue. In 2016, the UAE considered introducing Value Added Tax (VAT). The introduction of an indirect tax may have an impact on unemployment. The UAE has a very low unemployment rate which is one reason why multinational companies (MNCs) set up in the UAE.
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2(a)[2]
2(b)[4]
2(c)[6]
2(d)[8]
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