

MCQOPTIONS
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1. |
Free market is |
A. | a condition in the international market where nations do not impose customs duty or other taxes on import of goods |
B. | market where the price of a commodity is determined by free play of the forces of supply and demand |
C. | ports that are exempted from payment of customs duty on articles of commerce, primarily to encourage tourism |
D. | None of the above |
Answer» C. ports that are exempted from payment of customs duty on articles of commerce, primarily to encourage tourism | |