Match the following trade types with their characteristics:

Trade Type Characteristic
A. Bilateral trade 1. Involves multiple trading partners
B. Multilateral trade 2. Agreement between two countries for specific commodities
C. Free trade 3. Removal of tariffs and trade barriers
D. Dumping 4. Selling products at a lower price in foreign markets

1
A-1, B-2, C-4, D-3
2
A-3, B-4, C-1, D-2
3
A-4, B-3, C-2, D-1
4
A-2, B-1, C-3, D-4

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation