Precautionary motive for holding money is to?

A. meet daily and regular transactions B. take advantage of changes in the prices of goods and services C. cover unforeseen events D. cover expenses on house rent Correct Answer: Option C C. cover unforeseen events Explanation Precautionary motive:- A desire to hold...

International trade is desirable because it?

A. may lead to overproduction B. brings about over-dependence of countries on one another C. provides a foreign market for local goods D. brings about unhealthy competition and rivalries Correct Answer: Option C C. provides a foreign market for local goods Explanation...

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