Post Utme Al Hikmah University 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2020 Commerce Objective / Multiple Choice
Question 10 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering the use of a new trade agreement to increase its exports. The company has evaluated the costs and benefits of using a free trade agreement, a preferential trade agreement, and a reciprocal trade agreement. Which of the following trade agreements is most likely to provide the highest level of protection for the company's exports?

Answer Options

A. Free trade agreement
B. Preferential trade agreement
Correct Answer C. Reciprocal trade agreement
D. Most-favored-nation (MFN) agreement
Correct Answer
C
Correct Option:
Reciprocal trade agreement

About This Question

This is Post Utme Al Hikmah University 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.

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