Question 18
POST_UTME_OSUSTECH
•
2019
•
COMMERCE
•
objective
A foreign trade agreement between two countries involves the exchange of goods and services between them. Discuss the benefits and drawbacks of such an agreement.
Answer Options
A.
A foreign trade agreement between two countries involves the exchange of goods and services between them, with benefits including increased trade and economic growth.
B.
A foreign trade agreement between two countries involves the exchange of goods and services between them, with drawbacks including increased competition and trade deficits.
Correct Answer
C.
A foreign trade agreement between two countries involves the exchange of goods and services between them, with benefits including increased trade and economic growth, but drawbacks including increased competition and trade deficits.
D.
A foreign trade agreement between two countries involves the exchange of goods and services between them, with no benefits or drawbacks.
Correct Answer
C
Correct Option:
A foreign trade agreement between two countries involves the exchange of goods and services between them, with benefits including increased trade and economic growth, but drawbacks including increased competition and trade deficits.
About This Question
This is
Post Utme Osustech
2019
Commerce
Question 18.
It is one of the
objective
questions from the
2019
Post Utme Osustech
Commerce
examination.