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) Domestic
(B) National
(C) International
(D) None
3. If goods are purchased from some other country, it is called
(A) All
(B) Export trade
(C) Home trade
(D) Import trade
4. The main kinds of international trade
(A) Five
(B) Four
(C) Two
(D) Three
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) National trade
(B) Shopkeeper
(C) Buyer
(D) Trader
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) Source of national income
(C) Dependence on other country
(D) Cultural difference
10. It becomes the cause of foreign debt
(A) National
(B) None
(C) Both
(D) International