Practicing Success

Target Exam

CUET

Subject

Geography

Chapter

Fundamentals of Human Geography: International Trade

Question:

Which type of trade is done by two countries with each other ?

Options:

Unilateral trade

Bilateral trade

Multilateral trade

None of the above

Correct Answer:

Bilateral trade

Explanation:

Bilateral trade is done by two countries with each other. They enter into agreement to trade specified commodities amongst them.