International trade increases the welfare of ________________

Related MCQs

• A free trade area is a trade bloc where ________________
• The function of foreign exchange market that helps in clearing international transactions is known as ________________.
• Income terms of trade indicate increased capacity to ________________.
• Utility terms of trade was introduced by ________________.
• When supply of exports is elastic, a country will have ________________ terms of trade.
• ________________ is not an objective of commercial trade policy.