- Study Anytime, Anywhere through Our Mobile App & Web Portal
- 1000+ Video Lectures by CAT/XAT Topper Faculties
- 400+ Hours content of CAT Preparation Videos
- 9000+ Questions in Online CAT Coaching Course
- 200+ Topic Based Tests (50+ Basic, 50+ Moderate & 50+ Advanced Level)
- 20+ CAT Mocks (Pro CATs – Best Online Tests Series for CAT)
- 10+ Mock OMETs (Online Test Series for SNAP, NMAT, IIFT, XAT, TISS, CMAT)
- Online Doubt Solving on One – to – One basis
- GD-PI-WAT Online Preparation Material
Get access to the detailed solutions to the previous years questions asked in IIFT exam
Explanation:
The effect of containerization is hard to see immediately in freight rates, since the oil price hikes of the 1970s kept them high, but the speed with which shippers adopted; containerization made it clear it brought big benefits of efficiency and cost. The extraordinary growth of the Asian tiger economies of Singapore, Taiwan, Korea and Hong Kong, which based their development strategy on exports, was greatly helped by the container trade that quickly built up between the US and east Asia. - From these lines, option C can be inferred. Hence, option C is the correct answer.