Commerce Quiz

Restricting the movement of goods and services to boost economic development

Promoting self-sufficiency to hinder economic progress

Controlling the flow of goods and services to limit economic expansion

Facilitating the exchange of goods and services to drive economic growth (correct)

They lead to trade imbalances and economic stagnation

They only benefit the exporting country

They contribute to the exchange of goods and services between countries (correct)

They have no impact on international trade

It restricts international trade and creates barriers for developing nations

It has no influence on international trade agreements

It promotes monopolistic practices in global commerce

It facilitates trade negotiations and resolves disputes between member countries (correct)