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Eduncle posted an MCQ
March 02, 2020 • 23:50 pm 0 points
  • UGC NET
  • Management

Assertion (A) : Foreign trade policy is an important instrument that incentivise the exporters of the country?
Reason (R) : It is important for exporters of our country to have knowledge of foreign trade policy
Which of the following option is correct?

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    Eduncle Best Answer

    Foreign trade policy of a country incentivise the exporters of a country as the benefits to exporters like incentives, subsidies depend on government policies. So, it is important for exporters to have knowledge of foreign trade policy but it is not the reason of foreign trade policy. Both Assertion and Reason are true but Reason is not the correct explanation of Assertion.

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