1 |
Foreign Trade |
- A. Increses employment opportunites
- B. Increases international mobility of labour
- C. Increases competition
- D. All of the above
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2 |
Foregn trade creates among countries. |
- A. Conficits
- B. Cooperation
- C. Hatred
- D. None
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3 |
Pakistan is not a memebr of |
- A. IMF
- B. ECO
- C. OPEC
- D. World Bank
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4 |
Theory of omparative advantages was presented. |
- A. Ricardo
- B. Adam Smith
- C. Hicks
- D. Arshad
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5 |
Which of the following is international trade |
- A. Trade between provinces
- B. Trade between countries
- C. Trade betwene regions
- D. Trade between continents
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6 |
Govt policy about exports and imports is called. |
- A. Monetary policy
- B. Fiscal policy
- C. Commercial Policy
- D. Finance policy
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7 |
What would encorage trade betwene two countries. |
- A. Reduced tariffs
- B. Quality control
- C. Differente tax system
- D. Fixing import quotes
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8 |
Ric countries have deficit in their balance of payments |
- A. Some times
- B. Never
- C. Atternatee years
- D. Always
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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
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10 |
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
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