Teaching Business Studies International Trade Question Bank MCQ - Trade

  • question_answer
    Match the following
    List I (Organisations) List II (Functions)
    A. International Monetary Fund 1. To make proposals for putting the policies into effect
    B. UNCTAD   2. Reducing tariffs and other trade transactions by member countries
    C. GATT   3. Operates on commercial terms targeting profit
    D. International Finance Corporation 4. To increase the effective demand for real income growth and goods
    Codes

    A)          A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3 

    B)         A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3

    C)         A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2

    D)         A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1

    Correct Answer: B


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