Economics · International Trade
Match the items of List I with List II: List I (Term): (a) Entrepot Trade (b) Bilateral Trade (c) Multilateral Trade (d) Balance of Payments List II (Description): (1) Trade carried through a third country (2) Trade between two countries (3) Trade among many countries (4) Record of all economic transactions Choose the correct option:
- 1(a)-(2), (b)-(1), (c)-(4), (d)-(3)
- 2(a)-(1), (b)-(2), (c)-(3), (d)-(4)✓
- 3(a)-(4), (b)-(3), (c)-(2), (d)-(1)
- 4(a)-(3), (b)-(2), (c)-(1), (d)-(4)
Correct answer
(a)-(1), (b)-(2), (c)-(3), (d)-(4)
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