Select the correct answer from the following codes
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer:B
Select the correct answer from the following codes
A. Only 1 B. Only 2 C. Both 1 and 2 D. Neither 1 nor 2
Explanation: Preferential Trade Agreements (PTAs) have been proliferating, especially since the establishment of the World Trade Organisation (WTO) in 1994. FTAs have led to increased imports and exports, although the former has been greater.