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Which statement best explains Free trade agreement?

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Question ID #27515 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 9 Medium

Which statement best explains Free trade agreement?

Correct Answer: D. Agreement among countries to reduce trade barriers between them
Free trade agreement: Agreement among countries to reduce trade barriers between them

Question: Which statement best explains Free trade agreement?

A. Development institution providing finance and knowledge for development

B. Contracting a business process to an external provider

C. Tax imposed on imported or exported goods

D. Agreement among countries to reduce trade barriers between them

Correct Answer: D. Agreement among countries to reduce trade barriers between themFree trade agreement: Agreement among countries to reduce trade barriers between them

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Which statement best explains Free trade agreement? - MCQ Explanation

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Correct answer: D. Agreement among countries to reduce trade barriers between them