Reasoning (R): Promising not to raise trade barriers can be important as lowering one, because the promise gives businesses a clearer view of their future market opportunities

a. Foreign exchange reserve  b. Borrowing capacity of the various countries c. Gold reserves  

List I List II (a)   Balance of Trade (i)                Imports and exports of goods and services and unilateral transfer of goods and services (b)  Current Account (ii)              Transactions leading to changes in the financial assets and liabilities of the country (c)   Balance of Payments (iii)           All economic transactions between a country’s residents and the residents […]