| 1 |
Foreign Trade are |
- A. Benefits developed countries
- B. Benefits underdeveloped countires
- C. Benefits all countries
- D. Benefits democretive countries
|
| 2 |
Ric countries have deficit in their balance of payments |
- A. Some times
- B. Never
- C. Atternatee years
- D. Always
|
| 3 |
Net exports equal |
- A. Exports x imports
- B. Exports + imports
- C. exports- imports
- D. None of the above
|
| 4 |
Which of the following is international trade |
- A. Trade between provinces
- B. Trade between countries
- C. Trade betwene regions
- D. Trade between continents
|
| 5 |
Govt policy about exports and imports is called. |
- A. Monetary policy
- B. Fiscal policy
- C. Commercial Policy
- D. Finance policy
|
| 6 |
Trade between two countries can be useful if cost ratios of goods are. |
- A. Equal
- B. Different
- C. Undertimed
- D. Decreasing
|
| 7 |
What would encourage trade betwene two countries. |
- A. Different tax system
- B. Frontier checks
- C. National currencies
- D. Reduce traiff
|
| 8 |
Policy of Protecton in trade |
- A. Facilitates trade
- B. Protects local producers
- C. Protects foreign producers
- D. Protects exporters
|
| 9 |
Foreign Trade |
- A. Increses employment opportunites
- B. Increases international mobility of labour
- C. Increases competition
- D. All of the above
|
| 10 |
Pakistan Importss some goods and exports other goods primarily because of. |
- A. Free goods
- B. Comparative advantage
- C. Unemployment
- D. Self Sufficiency
|
