Discuss Forum
1. The exchange of commodities between two countries is referred as __
- A. Bilateral trade
- B. Bilateral trade
- C. Bilateral trade
- D. Bilateral trade
Answer: Option A
Explanation:
Bilateral trade is the exchange of goods between two nations promoting trade and investment. The two countries will reduce or eliminate tariffs, import quotas, export restraints, and other trade barriers to encourage trade and investment.
Post your comments here: