GyanMandal

1. Under which EU policy does Nepal enjoy duty-free and quota-free access to French markets?

A.

Generalized System of Preferences (GSP)

B.

Everything But Arms (EBA)

C.

Common External Tariff (CET)

D.

Trade Facilitation Agreement (TFA)

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2. What was the purpose of the **Corn Laws** in 19th-century Britain?

A.

To regulate the price of corn for consumers

B.

To protect British landowners and farmers from foreign competition

C.

To encourage free trade with other nations

D.

To impose taxes on the consumption of bread

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3. The **Great Depression**'s severity was worsened by the imposition of the **Smoot-Hawley Tariff Act** of 1930. What was its effect?

A.

It lowered taxes on American businesses

B.

It raised tariffs on thousands of imported goods, triggering a trade war

C.

It created a new social security program

D.

It established a central bank for the first time

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