Post Utme Lasu 2018 Commerce Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Lasu Commerce examination.

Post Utme Lasu 2018 Commerce Objective / Multiple Choice
Question 14 POST_UTME_LASU • 2018 • COMMERCE • objective

A foreign trade agreement involves the exchange of goods and services between two or more countries. What is the main purpose of a foreign trade agreement?

Answer Options

A. To promote economic growth
Correct Answer B. To reduce trade barriers
C. To increase competition
D. To protect domestic industries
Correct Answer
B
Correct Option:
To reduce trade barriers

About This Question

This is Post Utme Lasu 2018 Commerce Question 14. It is one of the objective questions from the 2018 Post Utme Lasu Commerce examination.

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