Post Utme Babcock University 2024 Commerce Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2024 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BABCOCK_UNIVERSITY • 2024 • COMMERCE • objective

In the context of 'Home and Foreign Trade', what is the primary advantage of using a Free Trade Agreement (FTA)?

Answer Options

A. Increased tariffs on imported goods
Correct Answer B. Reduced trade barriers between countries
C. Increased government revenue from trade
D. Decreased foreign investment in the country
Correct Answer
B
Correct Option:
Reduced trade barriers between countries

About This Question

This is Post Utme Babcock University 2024 Commerce Question 32. It is one of the objective questions from the 2024 Post Utme Babcock University Commerce examination.

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