First Year Principles of Commerce Chapter 12 Online MCQ Test for 1st Year Principles of Commerce Chapter 12 (Foreign rade)

This online test contains MCQs about following topics:

Meaning, definition and causes . Importance, disadvantafes and problems of foreign trade . Documents used in foriegn trade . Difference between foreign trade and home trade

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MCQ's Test For Chapter 12 "Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test"

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Principle of Commerce Icom Part 1 English Medium Chapter 12 Online Test

00:00
Question # 1

Because of foreign trade, the demand for national/ home products

Question # 2

The document issued by an authorized officer after counting and checking the loaded goods on ship

Question # 3

What is written on the bill of entry of goods

Question # 4

The document issued by an authorized office after counting and checking the loaded goods on ship:

Question # 5

Who does write the delivery order:

Question # 6

What is prepared after sending the goods

Question # 7

The exporter gets the certificate of origin from

Question # 8

What does happen after the exchange of goods

Question # 9

Due to foreign trade, the less developed countries

Question # 10

A charter party is

Question # 11

Due to foreign trade, the less developed countries:

Question # 12

What is prepared after sending the goods:

Question # 13

The bill of trading reveals the:

Question # 14

How many copies of bill of lading are prepared:

Question # 15

Because of international trade, the less developed countries make progress

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ICom Part 1 Principle of Commerce (English Medium) Chapter 12 Important MCQ's

Sr.# Question Answer
1 The document issued by an authorized office after counting and checking the loaded goods on ship:
A. Shipping order
B. Receipt of mate
C. Marine insurance
D. bill of lading
2 Because of international trade, the less developed countries make progress:
A. Economically
B. Politically
C. Stately/republically
D. None of the above
3 How many copies of bill of lading are prepared
A. Two
B. Three
C. Four
D. Five
4 Because of import trade, the demand for national / home products:
A. Reduces
B. Increases
C. Remains normal
D. Both (a) and (b)
5 What is written on the bill of entry of goods
A. Quantity and price
B. Value of insurance
C. Quality and type
D. None of the above
6 Due to foreign trade, the less developed countries
A. Becomes international slaves
B. Do not progress
C. Do not live along
D. None of these
7 How many copies of bill of lading are prepared:
A. Two
B. Three
C. Four
D. Five
8 In case of emergency, foreign trade makes the supply of goods:
A. Easy
B. Difficult
C. Unimportant
D. Important
9 The bill of trading reveals the:
A. Legal ownership of goods
B. Price of goods
C. Government ownership of goods
D. None of the above
10 Due to foreign trade, the less developed countries:
A. Becomes international slaves
B. Do not progress
C. Do not live alone
D. None of these

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