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प्रश्न
The act of opening up economies for trading is known as ______.
विकल्प
Balanced trade
Unilateral trade
Free trade
Bilateral trade
MCQ
रिक्त स्थान भरें
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उत्तर
The act of opening up economies for trading is known as free trade.
Explanation:
Free trade refers to the practice of opening economies for trade. It involves the buying and selling of goods between countries without additional taxes, restrictions, or government interference. This system enables businesses to operate smoothly across national boundaries, making products more affordable and easily accessible to people.
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