Which European country has recently introduced GAFA Tax on Global Internet, Technology Firm?
Correct answer: B. France
- A. Sweden
- B. France
- C. Italy
- D. Germany
Explanation
France introduced a digital-services tax widely called the GAFA tax, named after Google, Apple, Facebook and Amazon. The measure targeted revenue earned by large technology companies in France.
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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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