International Business Economics MCQ set 1

Q1: Which of the following is international trade? A. Trade between provincesB. Trade between regionsC. Trade between countriesD. (b) and (c) of above AnswerAnswer C. Trade between countries Q2: Which is NOT an advantage of international trade A. Export of surplus productionB. Import of defence materialC. Dependence on foreign countriesD. Availability of cheap raw materials…

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