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