Consider the following Statement (A) and Reason (R)
Statement (A): Foreign trade strengthen the economic base of any country.
Reason (R): Foreign trade is basically done to make BOP favourable : Balance of and for the items which are not available, for delivery in the country.
Now select the correct answer from the given cut outs.

A) Both (A) and (R) are true and (R) is the correct explanation of (A) B) Both (A) and (R) are true and (R) is not the correct explanation of (A) C) (A) is true, but (R) is false D) (A) is false, but (R) is true

Answer & Solution

Correct Answer: Option A

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