| 1 |
Because of import trade, the demand for national / home products: |
- A. Reduces
- B. Increases
- C. Remains normal
- D. Both (a) and (b)
|
| 2 |
What does happen after the exchange of goods |
- A. Development of cordial relations between the countries
- B. More chances of fight or war
- C. Economic crises arise
- D. Scarcity of goods
|
| 3 |
Due to foreign trade, the less developed countries |
- A. Becomes international slaves
- B. Do not progress
- C. Do not live along
- D. None of these
|
| 4 |
The bill of lading reveals the |
- A. Legal ownership of goods
- B. Price of goods
- C. Government ownership of goods
- D. None of the above
|
| 5 |
In case of emergency, foreign trade makes the supply of goods: |
- A. Easy
- B. Difficult
- C. Unimportant
- D. Important
|
| 6 |
What is written on the bill of entry of goods: |
- A. Quantity and price
- B. Value of insurance
- C. Quality and type
- D. None of the above
|
| 7 |
The person who makes arrangements for the departure of goods: |
- A. Forwarding agent
- B. Clearing agnet
- C. Commission agent
- D. Underwritter
|
| 8 |
Because of international trade, the less developed countries make progress |
- A. Economically
- B. Politically
- C. Stately/republically
- D. None of the above
|
| 9 |
The exporter gets the certificate of origin from: |
- A. Chamber of commerce
- B. Custom officials
- C. Importing bank
- D. Exporting banks
|
| 10 |
Who does write the delivery order: |
- A. Exporter
- B. Owner of goods at port
- C. Importer's bank
- D. Govt. agnet
|
