Post Utme Veritas University 2025 Commerce Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2025 Commerce Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2025 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods and services. Which of the following best describes the primary benefit of this agreement?

Answer Options

A. Increased trade barriers
Correct Answer B. Reduced trade costs
C. Improved economic growth
D. Increased competition
Correct Answer
B
Correct Option:
Reduced trade costs

About This Question

This is Post Utme Veritas University 2025 Commerce Question 9. It is one of the objective questions from the 2025 Post Utme Veritas University Commerce examination.

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