SarkariPYQ

SSC GD 2023 PYQ — Question 30

SSC GD Constable (English) - 12 Jan 2023 - Shift 2 • General Awareness • Q30

Back to paper

The total value of goods and services traded is considered to be the_________of trade.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is Option 1 i.e. Volume.

  • The total value of goods and services traded is considered to be the volume of trade.
  • The volume of trade is a measure of the markets activity and liquidity during a set period of time.
  • Higher trading volume are considered positive as it means more liquidity and more execution.