Economics · International Trade
Which of the following statements are correct? 1. EXIM policies regulate the export-import procedures of a country. 2. Globalisation reduces interdependence among nations. 3. Tariff reduction is a common objective under WTO agreements. 4. Trade liberalisation may increase competitive pressure on domestic firms.
- 11, 2, 3 and 4
- 22 and 3 only
- 31, 3 and 4 only✓
- 41 and 2 only
Correct answer
1, 3 and 4 only
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