Directions The following questions consist of two statements. Statement I and Statement II. You are to examine these two statements carefully and select the answers to these items using the codes given below. |
Statement I Home trades are subject to agreements like GATT. |
Statement II In home trade, payments are realised usually before the trade is executed. |
A) Both Statements are correct
B) Both Statements .are incorrect
C) Statement I is correct, but Statement II is incorrect
D) Statement I is incorrect, but Statement II is correct
Correct Answer: B
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