Question # 1

Whose role is important in trade

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Trader

Producer

Consumer

All the three

Home trade does not include

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Producers

Wholesaler

Retailer

Importers

In home trade, the traders are related from:

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One city

Two different cities of one country

Two different provinces of one country

All of the above

Trade is an activity of buying ans selling of goods for money or other goods are called

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Trade

Home trade

Foreign trade

None of the above

A document having the detail of sold goods is

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Invoice

Payment receipt

Debit note

Inquiry letter

Because of home trade, the goods are traded in

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Half of the country

Whole country

One province

Foreign country

Kinds of home trade

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Two

Three

Four

Five

Due to progress in home trade, the following problem is solved

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Water

Unemployment

Illiteracy

All of the above

Kinds of home trade:

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Two

Four

Three

None

Because of home trade, the goods are traded in:

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Half of the country

Whole country

One province

Foreign country

Due to progress in home trade, the following problem is solved:

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Water

Unemployment

Illitracy

All of the above

There is an increase in following production because of home trade:

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Foreign

National

Regional

Domestic

Home trade does not include:

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Producers

Wholesaler

Retailer

Importers

In home trade, the traders are related from

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One city

Two different cities of one country

Two different provinces of one country

All of the above

Not in home trade:

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Tax saving

Foreign currency

Stability in prices

Decrease in expenditures

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Principle of Commerce Icom Part 1 English Medium Chapter 9 Online Test MCQs With Answers

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