Assertion: International trade refers to the exchange of goods and services between countries.
Reasoning: International trade has the potential to increase a country's economic growth and development.

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Assertion is true, but the reasoning is false.

Assertion is false, but the reasoning is true.

Both assertion and reasoning are true, and the reasoning is the correct explanation of the assertion.

Both assertion and reasoning are true, but the reasoning is not the correct explanation of the assertion.

answer is A.

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Detailed Solution

The assertion states that international trade refers to the exchange of goods and services between countries, which is true. The reasoning provides valid reasons for this assertion by highlighting that international trade has the potential to increase a country's economic growth and development.

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