Since the government of Nigeria is strapped for cash, it has decided to tax all foreign investments (such as oil production equipment) by up to forty percent of the appraised value. The Nigerian government has found that this is the handiest and quickest means of finding operating funds. The economic risk in discussion here is:
A. exchange controls.
B. local-content laws.
C. tax restrictions.
D. tax controls.
E. price controls.
Answer: D. tax controls.