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      Question

      The exchange of commodities between two countries is

      referred as?
      A Balance of trade Correct Answer Incorrect Answer
      B Bilateral trade Correct Answer Incorrect Answer
      C Volume of trade Correct Answer Incorrect Answer
      D Multilateral trade Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Bilateral trade is an exchange of commodities exclusively between two countries.

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