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Direction: Mark the option which is most suitable:
Assertion : The removal of barriers to trade is known as liberalization.
Reason : federalization of trade allows businesses to freely decide which goods to import and export.
- a)If Both assertion and reason are true, and reason is the correct explanation of assertion.
- b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.
- c)If Assertion is true, but reason is false.
- d)If Both assertion and reason are false.
Correct answer is option 'B'. Can you explain this answer?
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Direction: Mark the option which is most suitable:Assertion : The rem...
The removal of barriers to trade is known as liberalization, and the businesses freely deciding which goods to import and export is an outcome of liberalization not a reason for liberalization.
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Direction: Mark the option which is most suitable:Assertion : The rem...
Answer:
Introduction:
The question is based on the concepts of trade liberalization and the freedom of businesses to decide on imports and exports. We need to analyze the given assertion and reason and determine their accuracy and relationship.
Assertion: The removal of barriers to trade is known as liberalization.
Reason: Federalization of trade allows businesses to freely decide which goods to import and export.
Explanation:
Understanding Trade Liberalization:
Trade liberalization refers to the removal or reduction of barriers to international trade, such as tariffs, quotas, and trade restrictions. It aims to promote free trade and increase economic integration among countries. By removing these barriers, countries can enhance their economic growth, increase competitiveness, and benefit from comparative advantages.
Explanation of the Assertion:
The assertion states that the removal of barriers to trade is known as liberalization. This statement is true. Trade liberalization involves the elimination or reduction of various barriers that restrict international trade. By removing these barriers, countries promote free trade and create an environment that encourages economic growth and development.
Explanation of the Reason:
The reason provided states that federalization of trade allows businesses to freely decide which goods to import and export. This statement is also true. When trade is liberalized, businesses have the freedom to choose the goods they want to import and export without facing excessive regulations or restrictions imposed by the government.
Understanding the Relationship:
The reason correctly explains the assertion. The removal of barriers to trade, or trade liberalization, allows businesses to freely decide which goods to import and export. The reason provides a logical explanation for why the assertion is true.
Conclusion:
Based on the analysis, both the assertion and reason are true, and the reason correctly explains the assertion. Therefore, the correct answer is option 'B' - Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Introduction:
The question is based on the concepts of trade liberalization and the freedom of businesses to decide on imports and exports. We need to analyze the given assertion and reason and determine their accuracy and relationship.
Assertion: The removal of barriers to trade is known as liberalization.
Reason: Federalization of trade allows businesses to freely decide which goods to import and export.
Explanation:
Understanding Trade Liberalization:
Trade liberalization refers to the removal or reduction of barriers to international trade, such as tariffs, quotas, and trade restrictions. It aims to promote free trade and increase economic integration among countries. By removing these barriers, countries can enhance their economic growth, increase competitiveness, and benefit from comparative advantages.
Explanation of the Assertion:
The assertion states that the removal of barriers to trade is known as liberalization. This statement is true. Trade liberalization involves the elimination or reduction of various barriers that restrict international trade. By removing these barriers, countries promote free trade and create an environment that encourages economic growth and development.
Explanation of the Reason:
The reason provided states that federalization of trade allows businesses to freely decide which goods to import and export. This statement is also true. When trade is liberalized, businesses have the freedom to choose the goods they want to import and export without facing excessive regulations or restrictions imposed by the government.
Understanding the Relationship:
The reason correctly explains the assertion. The removal of barriers to trade, or trade liberalization, allows businesses to freely decide which goods to import and export. The reason provides a logical explanation for why the assertion is true.
Conclusion:
Based on the analysis, both the assertion and reason are true, and the reason correctly explains the assertion. Therefore, the correct answer is option 'B' - Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
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Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?
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Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?.
Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10.
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Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: Mark the option which is most suitable:Assertion : The removal of barriers to trade is known as liberalization.Reason : federalization of trade allows businesses to freely decide which goods to import and export.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 10 tests.
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