Question

Identify the correctly matched pair of Column A to that of Column B:

Column A	Column B
1. Foreign Trade	(a) Export Processing Zone
2. Adverse Balance of Trade	(b) Problem of India's Foreign Trade
3. Import Substitution	(c) Benefits to participating countries
4. Export Promotion	(d) Scarcity of Foreign Trade

Options

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

2 - (b)

Explanation:

The adverse bot is a situation in which the value of goods imported by a country exceeds the value of goods exported.