Knowee
Questions
Features
Study Tools

Category: Non Verbal ReasoningWater: Dam:: Trade: ?CommerceGoodsTrade PolicyEconomy

Question

Category: Non Verbal Reasoning

Water : Dam :: Trade : ?

  • Commerce
  • Goods
  • Trade Policy
  • Economy
🧐 Not the exact question you are looking for?Go ask a question

Solution

The relationship "Water: Dam" indicates that water is contained and managed within a dam. We need to find an equivalent relationship for "Trade."

In this context, let's analyze the options:

  1. Commerce - This relates to trading goods and services but does not represent a containment or management function.
  2. Goods - These are the items that are traded, similar to how water is a resource managed by a dam.
  3. Trade Policy - This refers to regulations governing trade, but it’s not a physical entity managing trade.
  4. Economy - This represents the overarching system within which trade occurs, not a direct management of trade itself.

In this case, the best analogy would be:

Final Answer

Trade: Goods

This problem has been solved

Similar Questions

________ are quotas that lead to a complete abolishment of trade. voluntary export restraints embargoes nontariff barriers orderly marketing agreements

Elaborate the concepts of Trade Creation and Trade Diversion in the contextof Custom Union

Negotiating foreign exchange currency agreements is a __________ taska.Easyb.Moderatec.Challengingd.Normal

Identify another term for 'oceanic trade'. Swamp trade.1River trade.2Mountain trade.3Maritime trade.4

Trade between two or more than two countries is known as ________.a.External Tradeb.International Tradec.Unilateral Traded.Internal Business

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.