Question

Tobin tax is a tax on :
A. Exports
B. Imports
C. Sales
D. Transactions in foreign exchange
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Answer 1

Answer:

D option ......

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Answer 2

Answer:

hey here is your answer.

(D) Transaction in foreign exchange

Explanation:

A Tobin tax was originally defined as a tax on all spot conversions of one currency into another. It was suggested by James Tobin, an economist who won the Nobel Memorial Prize in Economic Sciences. Tobin's tax was originally intended to penalize short-term financial round-trip excursions into another currency.

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