MCQ
Evaluate the reason for putting a barrier to foreign trade by identifying the appropriate statements among the following options:
i. To improve the performance of domestic producers.
ii. To create an opportunity for the producers to cover the international markets.
iii. To allow businesses to make decisions on imports and exports freely.
iv. To protect the producers and service providers within the country from foreign competition.
i. To improve the performance of domestic producers.
ii. To create an opportunity for the producers to cover the international markets.
iii. To allow businesses to make decisions on imports and exports freely.
iv. To protect the producers and service providers within the country from foreign competition.
- AStatements i, ii and iii are appropriate.
- BAll the statements are appropriate.
- CStatements i and ii are appropriate
- ✓Only statement iv is appropriate.