Which country plans to introduce a tax system named 'GAFA tax' on internet firms from 1 January 2019?
Correct answer: C. France
- A. USA
- B. Spain
- C. France
- D. Switzerland
Explanation
France planned the GAFA tax on the digital revenues of large technology companies such as Google, Apple, Facebook and Amazon. The name comes from the initials of those four firms.
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Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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