What does value added taxes (VAT) encourage in countries such as China?

What does value added taxes (VAT) encourage in countries such as China?



A) They make trademarks and copyrights more valuable.
B) They result in cross-border shopping and smuggling.
C) They make it harder to bribe officials.
D) They protect companies from antitrust scrutiny.
E) Global companies refrain from offering bribes.


Answer: B) They result in cross-border shopping and smuggling.


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