The international organisation which came into being in 1995 to replace the General Agreement on Tariffs and Trade is:
A) ASEAN
B) the EU
C) the IMF
D) the WTO
Correct Answer:
Verified
Q27: When countries specialise in producing those goods
Q28: The terms of trade are expressed as:
A)
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Q30: If two countries engage in trade with
Q31: The advantage enjoyed by one country over
Q33: A reduction in a tariff imposed on
Q34: The ratio at which a country can
Q35: According to the theory of comparative advantage,
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Q37: The main advantage of trade between two
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