GENERAL KNOWLEDGE

Detailed explanation-1: -Infrastructure refers to a nation’s transportation, communication, and utility systems.

Detailed explanation-2: -What Is Infrastructure? Infrastructure is defined as the basic physical systems of a business, region, or nation and often involves the production of public goods or production processes. Examples of infrastructure include transportation systems, communication networks, sewage, water, and school systems.

Detailed explanation-3: -Which term refers to a nation’s transportation and communications networks, power generating facilities, educational institutions, and legal, economic, and financial systems? infrastructure.

Detailed explanation-4: -Balance of trade is the difference between the value of a country’s exports and the value of its imports; it is the largest component of a country’s balance of payments.

Detailed explanation-5: -A Free trade Agreement (FTA) is an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods and services, and protections for investors and intellectual property rights, among other topics.