2nd Year Economics Chapter 7 Online MCQ Test for 12th Class Economics Chapter 7 (Public Finance)

ICS Part 2 Economics English Medium Chapter 7 Test

Start Chapter 7 Test

MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 7 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 7 Online Test"

  • Total Questions17

  • Time Allowed20

ICS Part 2 Economics English Medium Chapter 7 Online Test

00:00
Question # 1

A Triff

Question # 2

What would encorage trade betwene two countries.

Question # 3

Foregn trade creates among countries.

Question # 4

Foreign Trade

Question # 5

All are advantages of oreign trade Except.

Question # 6

Two countries can gain from foreign trade if

Question # 7

Trade between two countries can be useful if cost ratios of goods are.

Question # 8

Pakistan Importss some goods and exports other goods primarily because of.

Question # 9

International trade and domestic trade fiffer because of.

Question # 10

In foreign trde protection policy means.

Question # 11

Net exports equal

Question # 12

Pakistan is not a memebr of

Question # 13

Which of the following is international trade

Question # 14

Ric countries have deficit in their balance of payments

Question # 15

Policy of Protecton in trade

Question # 16

Foreign Trade are

Question # 17

What would encourage trade betwene two countries.

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 7 Online Test" MCQs Online With Answers


Topic Test

00:00
7th Chapter

ICS Part 2 Economics English Medium Chapter 7 Test

Top Scorers Of Chapter 0 "ICS Part 2 Economics English Medium Chapter 7 Online Test" MCQ`s Test

  • A
    Afia iram 03 - Jan - 2019 03 Min 38 Sec 17/17
  • M
    Muhammad umer 27 - Aug - 2018 02 Min 40 Sec 16/17
  • A
    Adil 03 - Jan - 2018 03 Min 04 Sec 16/17
  • K
    Kazim 28 - Dec - 2017 04 Min 26 Sec 16/17
  • S
    Shahid 24 - Aug - 2018 04 Min 52 Sec 16/17
  • H
    hijab 30 - Sep - 2018 17 Min 49 Sec 16/17
  • H
    Humaira 25 - Jan - 2018 02 Min 28 Sec 15/17
  • I
    Ibrahim Malik 21 - Jul - 2022 02 Min 08 Sec 14/17
  • M
    Maheen 24 - Feb - 2021 04 Min 15 Sec 14/17
  • S
    Shaista zarin 26 - Jan - 2018 04 Min 52 Sec 14/17
  • S
    saba 05 - Jan - 2019 04 Min 53 Sec 14/17
  • S
    Sidra Khalid 11 - Apr - 2018 02 Min 23 Sec 13/17
  • R
    romana 25 - Jun - 2021 05 Min 45 Sec 13/17
  • N
    Nitya singh 26 - May - 2021 03 Min 16 Sec 12/17
  • S
    summayia 22 - Jan - 2018 04 Min 29 Sec 12/17

ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 What would encourage trade betwene two countries.
A. Different tax system
B. Frontier checks
C. National currencies
D. Reduce traiff
3 It Japan and Pakistan start free trade differene in wges in two counties will
A. Increase
B. Decrease
C. Double
D. No effect
4 Foreign Trade are
A. Benefits developed countries
B. Benefits underdeveloped countires
C. Benefits all countries
D. Benefits democretive countries
5 Govt policy about exports and imports is called.
A. Monetary policy
B. Fiscal policy
C. Commercial Policy
D. Finance policy
6 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
7 Policy of Protecton in trade
A. Facilitates trade
B. Protects local producers
C. Protects foreign producers
D. Protects exporters
8 International trade and domestic trade fiffer because of.
A. Trade restrictions
B. Immobility of factors
C. Difference govt Policy
D. All of the above
9 Pakistan is not a memebr of
A. IMF
B. ECO
C. OPEC
D. World Bank
10 Two countries can gain from foreign trade if
A. Cost ratios are differnet
B. Traiff rates are different
C. Price ratios are different
D. a and c above

Test Questions

Is this page helpful?