Match the following:
| 1. | Barriers to trade | A.Influenced by the market force | |
| 2. | Disinvestment | B.Tariff and quotas | |
| 3. | Depreciation of currency | C.Influenced by the government | |
| 4. | Devaluation of currency | D.Reduction in ownership of government | |
Answer & explanation
Correct answer: option 4
The correct answer is Option 4: 1-B, 2-D, 3-A, 4-C
| 1. | Barriers to trade | B.Tariff and quotas | |
| 2. | Disinvestment | D.Reduction in ownership of government | |
| 3. | Depreciation of Currency | A.Influenced by the market force | |
| 4. | Devaluation of currency | C.Influenced by the government | |
Barriers to trade/ Trade barriers can be categorized as: Tariffs and quotas
Reduction in the ownership of government by selling of the entire company or few shares is called as disinvestment
Devaluation means the reduction in the official value of a currency in relation to other currencies by the government
Depreciation means the reduction in the official value of a currency in relation to other currencies due to market forces of demand and supply