T4Tutorials .PK

Chapter 14 INTERNATIONAL TRADE MCQs

1. . The trade within a country is called:

(A) Foreign


(B) National


(C) a & b


(D) None




2. . The trade with another country is known as:

(A) International


(B) National


(C) Domestic


(D) None




3. . If goods are purchased from some other country, it is called:

(A) Import trade


(B) Export trade


(C) Home trade


(D) All




4. . The main kinds of international trade:

(A) Five


(B) Four


(C) Three


(D) Two




5. . This trade can become the cause of International War:

(A) National


(B) International


(C) Both


(D) None




6. . International trade is harmful for:

(A) Trader


(B) Shopkeeper


(C) Buyer


(D) National trade




7. . If we supply Rice to England from Pakistan, it is called:

(A) Import


(B) Export


(C) Both


(D) None




8. . It is not included in benefits of international trade:

(A) Unemployment


(B) Latest technology


(C) Improvement of transport


(D) Increase in efficiency




9. . It is included in the advantages of foreign trade:

(A) Destruction of small industries


(B) Dependence on other country


(C) Source of national income


(D) Cultural difference




10. . It becomes the cause of foreign debt:

(A) National


(B) International


(C) Both


(D) None




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