Post Utme Veritas University 2024 Commerce Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice

Question 6 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

In the context of home and foreign trade, what is the primary objective of a country's trade policy?

Answer Options

A. To maximize exports and minimize imports

B. To balance trade deficits and surpluses

Correct Answer C. To promote economic growth and development

D. To protect domestic industries and jobs

Correct Answer

Correct Option:

To promote economic growth and development

About This Question

This is Post Utme Veritas University 2024 Commerce Question 6. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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