Ad
Sponsored by Sir Tauqeer
CLICK HERE TO JOIN SIR TAUQUEER WHATSAPP GROUP
FOR PREPARATION CLASSES AND JOBS UPDATES
Join Now

When no tariffs are imposed on all imports and exports it is called___________?

A. Preferental Trade
B. Free Trade
C. Balance of trade
D. Non-Tariff Barriers
Correct Answer: B. Free Trade

Free Trade refers to a policy where governments do not restrict imports or exports through tariffs or other barriers. Preferential trade, balance of trade, and non-tariff barriers describe different aspects or types of trade policies.

Leave a Comment

Join Our WhatsApp Channel ×
Scroll to Top