8th Chapter

ICS Part 2 Economics English Medium Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

ICS Part 2 Economics English Medium Chapter 8 Test

Start Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

Sr. # Questions Answers Choice
1 Flxible exchange rate sytem has the advantage.
  • A. Automatic adjustment of balcne of payments
  • B. Easy to borrow form world bank
  • C. Encouragds exports
  • D. None of the above
2 If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.
  • A. Capital account
  • B. Visible balnce
  • C. Invisible balnce
  • D. Official financing
3 Exchange rate for currencies is determined by supply and demand in system of.
  • A. Fixed exchange
  • B. flexible
  • C. Constatn
  • D. Regulated
4 Final balance of the payment of a country is
  • A. Always balance
  • B. Always dificit
  • C. Always surplus
  • D. Flucluates
5 Invisible items in balce of payments include.
  • A. Foreign remittances
  • B. Income from tourism
  • C. Internet charges
  • D. All the three
6 Balance of payments of country includes.
  • A. Current account
  • B. Monetry Account
  • C. Capital Account
  • D. All of the above
7 Visible goods are recorded int his part of balance of payments account
  • A. Current account
  • B. Capital account
  • C. Govt account
  • D. Official Account
8 Which of the following compares everage pricw of exports to avarage Price of imports.
  • A. Balance of payments
  • B. Balance of trade
  • C. Terms of trade
  • D. Exchange of rate
9 It helps countries to meet deficit in balcne of payments.
  • A. IMF
  • B. WTO
  • C. World Bank
  • D. UNO
10 IMF Means
  • A. International Monetary Funds
  • B. Inernational Money Flow
  • C. International Money Forum
  • D. Internaional Monetary finance

Top Scorers of ICS Part 2 Economics English Medium Chapter 8 Online Test

T

Tomboy Tomboy

Lahore09 - Apr - 2025

16/17
02 Mins 03 Sec

Share your comments questions here
Sort By:
X

Sign in

to continue to ilmkidunya.com

inquiry-image

Free Admission Advice

Fill the form. Our admission consultants will call you with admission options.

X

Sign in

to continue to ilmkidunya.com

X

Sign in

to continue to ilmkidunya.com

X

Forgot Password

to continue to ilmkidunya.com

X

Register Type

Please Provide following information to Register

  • Student
  • Tutor
  • Consultant
  • Employer