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In commercial and trade world, very often, we hear a term
?Free Trade?. What does it really mean?A) It means no
restriction on the movement of goods between two countries
or a group of countries.B) It means no custom duty or any
other tax or duty on the goods supplied to each other by the
countries.C) It means exchange of goods between the
countries to overcome shortage of particular type of
goods.D) It means a particular nation is allowed to sell its
goods all over the world without any restriction on the
quantity.Which of these statements is/are correct?
(1) Only A
(2) Only B & C
(3) Only C & D
(4) Only C & A
(5) Only D
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3 Answers IB Intelligence Bureau, XYZ,
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