Match the following.
| List-I (Concepts) | List-II (Meaning) |
| a. Globalisation | 1. It conforms to the principle of double entry book keeping |
| b. Balance of Payment | 2. Intergration with the world economy |
| c. Merchandise | 3. It occurs on account of business cycles |
| d. Cyclical Disequilibrium | 4. It includes sale and purchase of goods to from foreign countries |
A. a-4, b-3, c-2, d-1
B. a-3, b-1, c-2, d-4
C. a-2, b-1, c-4, d-3
D. a-4, b-1, c-2, d-3
Answer: Option C
This Question Belongs to Management >> Foreign Trade Policy
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