Start learning →

When trade opens between two countries, prices of similar goods tend to

AStay frozen
BDouble in both
CFall to zero
DBecome equal
Answer & Solution
Correct answer: D. Become equal
Competition across linked markets pulls the prices of similar goods in the two markets towards equality.
Practise this question with Quill — CBSE Class 10 →

Keep practising Economic Development & Banking

Browse all Economic Development & Banking questions for CBSE Class 10, or explore more Social Science topics.

Start a Economic Development & Banking lesson →