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What is a Transaction Value?
26. What is a Transaction Value?
- Value of supply of goods and services
- The highest price can be charged for a product.
- Value of a company according to the stock market.
- None of the above
Answer: A) Value of supply of goods and services
Explanation:
The term transaction value alludes to the cost to be paid or paid for imported products when sold for the commodity to the traditional domain of the EU.