Trade Relations of Pakistan (SAARC, EU, China, USA) MCQs 10 Score: 0 Attempted: 0/20 1. Pakistan is a founding member of which regional trade organization? (A) ASEAN (B) SAARC (C) G20 (D) BRICS 2. SAARC was established in which year? (A) 1980 (B) 1985 (C) 1990 (D) 1995 3. The headquarters of SAARC is located in: (A) Islamabad, Pakistan (B) New Delhi, India (C) Kathmandu, Nepal (D) Dhaka, Bangladesh 4. The main objective of SAARC is: (A) Military cooperation (B) Political integration (C) Economic and regional cooperation (D) Cultural exchange only 5. The Generalized System of Preferences (GSP) trade status was granted to Pakistan by: (A) China (B) USA (C) European Union (EU) (D) SAARC 6. Pakistan signed the Free Trade Agreement (FTA) with China in: (A) 2002 (B) 2006 (C) 2010 (D) 2015 7. The largest trading partner of Pakistan in SAARC is: (A) Bangladesh (B) India (C) Sri Lanka (D) Afghanistan 8. Pakistanās main export to the European Union is: (A) Automobiles (B) Pharmaceuticals (C) Textiles and garments (D) Electronic goods 9. Pakistanās trade relations with the USA are mainly based on: (A) Defense and military equipment (B) Textile and agricultural exports (C) Tourism (D) Heavy machinery exports 10. Which agreement regulates Pakistanās trade with SAARC countries? (A) SAFTA (B) NAFTA (C) WTO (D) ASEAN Treaty 11. The SAFTA (South Asian Free Trade Agreement) was signed in which year? (A) 1995 (B) 2000 (C) 2004 (D) 2008 12. Pakistanās major imports from China include: (A) Cotton and textiles (B) Machinery and electronics (C) Petroleum products (D) Wheat and grains 13. The European Union (EU) granted GSP+ status to Pakistan in: (A) 2008 (B) 2012 (C) 2014 (D) 2018 14. Pakistan and China signed the China-Pakistan Economic Corridor (CPEC) agreement under which initiative? (A) Shanghai Cooperation Organization (SCO) (B) Belt and Road Initiative (BRI) (C) Asia Infrastructure Bank Program (D) SAARC Development Fund 15. Pakistanās main export to the USA is: (A) Textiles and apparel (B) Electronics (C) Automobiles (D) Heavy machinery 16. The largest trading partner of Pakistan in the European Union is: (A) France (B) Germany (C) Italy (D) Spain 17. The Pakistan-United States Trade and Investment Framework Agreement (TIFA) was signed in: (A) 1998 (B) 2003 (C) 2010 (D) 2015 18. Pakistan is a member of which global trade organization? (A) NAFTA (B) WTO (C) ASEAN (D) EU 19. Which SAARC country has signed a Free Trade Agreement (FTA) with Pakistan? (A) Nepal (B) Sri Lanka (C) Bhutan (D) Maldives 20. The major hurdle in increasing trade between Pakistan and SAARC countries is: (A) Lack of natural resources (B) Political tensions and border restrictions (C) Lack of international trade laws (D) No demand for Pakistani products