This online test contains MCQs about following topics:
Try the Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test.
Total Questions15
Time Allowed20
. Meaning of international trade . Differnce in international trade and national trade . Importance of international trade . Adam Simth's theory o fabsolute advantage . Assumptions of theory . Criticism of theory . Causes of deficit in balance of payments
Ch. # | Test Name | MCQs Available | PDF File | Answers Mode | Launch Test |
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1 | Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test | 130 | Download PDF | MCQ Answers | Launch Test |
1 | Principles of Economics Icom Part 1 English Medium Online Test | 977 | Download PDF | MCQ Answers | Launch Test |
2 | Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test | 68 | Download PDF | MCQ Answers | Launch Test |
3 | Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test | 194 | Download PDF | MCQ Answers | Launch Test |
4 | Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test | 46 | Download PDF | MCQ Answers | Launch Test |
5 | Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test | 50 | Download PDF | MCQ Answers | Launch Test |
6 | Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test | 64 | Download PDF | MCQ Answers | Launch Test |
7 | Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test | 49 | Download PDF | MCQ Answers | Launch Test |
8 | Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test | 36 | Download PDF | MCQ Answers | Launch Test |
9 | Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test | 67 | Download PDF | MCQ Answers | Launch Test |
10 | Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test | 85 | Download PDF | MCQ Answers | Launch Test |
11 | Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test | 46 | Download PDF | MCQ Answers | Launch Test |
12 | Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test | 66 | Download PDF | MCQ Answers | Launch Test |
13 | Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test | 76 | Download PDF | MCQ Answers | Launch Test |
Here you can prepare 11th Principle of Economics English Medium Chapter 12 International Trade Test. Click the button for 100% free full practice test.
Sr. # | Questions | Answers Choice |
---|---|---|
1 | Because of devaluation of currency of a country, its exports | Decrease Increase Remains constant Go on changing |
2 | Which one of the following is included in balance of trade | Visible goods Invisible goods Visible & invisible goods All the three |
3 | " International balance of payment is all that transaction for which either foreign exchange is spent or received." This definition is stated by | Prof. Marshal Prof.Samuelson Prof. Ricardo Prof. Hicks |
4 | Cheque is which kind of money: | Credit money Paper money Standard money Legal money |
5 | Quantity theory of money was introduced in an equation by: | Fisher Marshall Crowther Tausigg |
6 | Absolute advantage theory was presented by | Adam Smith Prof Walker Ricardo Marshall |
7 | According to classical theory of international trade, a country imports those goods from the other country which | Are durable Are standardised Are produced comparatively at high cost Are not produced in that country |
8 | One of the following is not included in the causes of deficit in balance of payments of a country | Increase in exports Increase in imports Unfavourable terms of trade Occurance of inflation |
9 | If the face value of a coin is equal to the value of metal used in: | Legal money Token money Standard money Both b and c |
10 | The exchange of goods and services from country to country is called | Foreign National trade Corporate trade Domestic trade |