Multiple Choice
A commercial policy is a government policy related to -------.
A) Commercial transactions of private companies
B) Economic transactions across international borders
C) Commercial transactions of developed countries
D) Taxes
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Reciprocal demand is<br>A)Mutual supply<br>B)Ratio of volume of<br>C)Ratio
Q16: Marshall and Edgeworth introduced a geometrical device
Q17: -------introduced the concept of Gross barter terms
Q18: The ratio of price of export to
Q19: is equally important as price of exports<br>A)Income
Q20: The offer curve of a country is
Q21: According to J S Mill, equilibrium terms
Q23: Two countries can gain from foreign trade
Q24: When many commodities are traded terms of
Q25: The classical economist Adam Smith was a