| 1 |
Theory of omparative advantages was presented. |
- A. Ricardo
- B. Adam Smith
- C. Hicks
- D. Arshad
|
| 2 |
What would encorage trade betwene two countries. |
- A. Reduced tariffs
- B. Quality control
- C. Differente tax system
- D. Fixing import quotes
|
| 3 |
What would encourage trade betwene two countries. |
- A. Different tax system
- B. Frontier checks
- C. National currencies
- D. Reduce traiff
|
| 4 |
It Japan and Pakistan start free trade differene in wges in two counties will |
- A. Increase
- B. Decrease
- C. Double
- D. No effect
|
| 5 |
Foreign Trade |
- A. Increses employment opportunites
- B. Increases international mobility of labour
- C. Increases competition
- D. All of the above
|
| 6 |
Policy of Protecton in trade |
- A. Facilitates trade
- B. Protects local producers
- C. Protects foreign producers
- D. Protects exporters
|
| 7 |
All are advantages of oreign trade Except. |
- A. People get foreign exchange
- B. Difference in politicla system
- C. Difference in markets
- D. Difference in ideology
|
| 8 |
In foreign trde protection policy means. |
- A. Restrictions on imports
- B. Restrictions on exports
- C. Restriction on transfer of foreign exchagne
- D. All of the above
|
| 9 |
A Triff |
- A. Increase the volume trade
- B. Reduces the volume of trade
- C. Has no effect on volume of tradea
- D. a and c above
|
| 10 |
Foregn trade creates among countries. |
- A. Conficits
- B. Cooperation
- C. Hatred
- D. None
|
