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Sales Tax vs Value Added Tax (VAT)

Sales Tax vs Value Added Tax (VAT)
Both Sales Tax and VAT are consumer taxes, which means that they have to be paid whenever one purchases a product that is meant to be consumed or used. However, sales tax is a type of direct tax, while VAT is...

Sanction vs Embargo

Sanction vs Embargo
Sanction refers to create a barrier in certain trading items. Embargo is a trade barrier that results in partial or complete prohibition on commerce or trade with either one country or many countries.

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