Question on: JAMB Economics - 2018
The two major types of international trade are Bilateral trade and?
A
Internal trade
B
Multilateral trade
C
Dilateral trade
D
Trilateral trade
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Correct Option: B
Multilateral trade is a type of international trade in which a country trades with many other countries. This ensures international division of labour. It is the type of trade in which many countries exchange their goods and services
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