send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Asian Premium is the high price that Asian countries pay to import .............
machinery
precious metals
mobile phones
crude oil
- Asian Premium refers to the additional cost that Asian countries incur for certain imports.
- Option 1: Machinery
- Countries import machinery at varying rates. Pricing depends more on trade agreements and not on a regional premium.
- Generally does not involve a higher premium specific to Asia.
- Option 2: Precious metals
- Prices for precious metals like gold and silver are relatively uniform worldwide.
- Typically no special regional premium for Asia.
- Option 3: Mobile phones
- Prices vary based on brand and model, but not specifically higher for Asia.
- In some cases, production is concentrated in Asia, potentially lowering costs.
- Option 4: Crude Oil
- Asian countries often pay a premium on crude oil imports due to transportation costs and regional demand.
- Known as the Asian Premium, it highlights price differences compared to other regions.
By: santosh ProfileResourcesReport error
Access to prime resources
New Courses