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Question

Which type of market is localised and restricted to a particular district or a cluster of a few smaller states?

A
National Market
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B
Regional Market
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C
International Market
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D
Local Market
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Solution

The correct option is B Regional Market
In these markets, the sale and purchase of goods and services are localised and restricted to a particular district or a cluster of a few smaller states and not beyond. These markets cater to regional needs, tastes, and preferences of the consumer.

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