Which of the following is not commercial instrument of economic policy ?
Free trade, restricted trade (tariffs/quotas), and economic subsidies are policy instruments of a nation's commercial policy, whereas the 'World Trade Organization' (WTO) is…
Choose your answer
Which of the following is not commercial instrument of economic policy ?
Answer and explanation
Correct answer C
Free trade, restricted trade (tariffs/quotas), and economic subsidies are policy instruments of a nation's commercial policy, whereas the 'World Trade Organization' (WTO) is an international multilateral institution.
Practice for these exams
-
RPSC School Lecturer (School Education)