Which of the following statements is not correct relating to comparison of FDI with trade?
A. Only one market can better be served with differentiated products
B. FDI overcomes tariff and transport cost involved in trade
C. It reduces financial risk through greater diversification
D. It creates harmonious political relations
Answer: Option A
Related Questions on Business and Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
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