Post Utme Esut 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Esut Commerce examination.

Post Utme Esut 2022 Commerce Objective / Multiple Choice

Question 11 POST_UTME_ESUT • 2022 • COMMERCE • objective

In the context of foreign trade, what is the primary objective of the Most Favoured Nation (MFN) clause in the World Trade Organization (WTO) agreements?

A. To promote fair competition among member countries

Correct Answer B. To encourage trade liberalization and reduce tariffs

C. To protect domestic industries from foreign competition

D. To facilitate the exchange of goods and services among member countries

Correct Answer

Correct Option:

To encourage trade liberalization and reduce tariffs

This is Post Utme Esut 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Esut Commerce examination.

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