Post Utme Ui 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Ui Commerce examination.

Post Utme Ui 2021 Commerce Objective / Multiple Choice

Question 40 POST_UTME_UI • 2021 • COMMERCE • objective

A foreign trade agreement may include provisions for the reduction of tariffs on imported goods. What is the primary purpose of this provision?

A. To increase government revenue

B. To protect domestic industries

C. To promote economic growth

Correct Answer D. To reduce prices for consumers

Correct Answer

Correct Option:

To reduce prices for consumers

This is Post Utme Ui 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Ui Commerce examination.

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