Teaching Business Studies International Trade Question Bank MCQ - Trade

  • question_answer
    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 IDA’s Articles of Agreement became effective in 1970.
    Statement II Both IBRD and IDA run on the same line.
    Codes

    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: D


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