2. Questions Bank
  3. 12th Class
  4. Economics
  5. Liberalisation, Privatisation and Globalisation

12th Class Economics Liberalisation, Privatisation and Globalisation Question Bank MCQs - Liberalisation, Privatisation and Globalisation

  • question_answer
    Quantitative restrictions are those trade barriers which increases the prices of imported goods. The given statement is

    A) True

    B) False

    C) Partially true

    D) Can't say, there nature varies from time-to time

    Correct Answer: B

    Solution :

    Quantitative restrictions refers to quotas which specify the amount of commodity which can be imported.


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