| 1 |
Foreign Trade are |
- A. Benefits developed countries
- B. Benefits underdeveloped countires
- C. Benefits all countries
- D. Benefits democretive countries
|
| 2 |
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
|
| 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 |
Trade between two countries can be useful if cost ratios of goods are. |
- A. Equal
- B. Different
- C. Undertimed
- D. Decreasing
|
| 5 |
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
|
| 6 |
Govt policy about exports and imports is called. |
- A. Monetary policy
- B. Fiscal policy
- C. Commercial Policy
- D. Finance policy
|
| 7 |
Foreign Trade |
- A. Increses employment opportunites
- B. Increases international mobility of labour
- C. Increases competition
- D. All of the above
|
| 8 |
Foregn trade creates among countries. |
- A. Conficits
- B. Cooperation
- C. Hatred
- D. None
|
| 9 |
Which of the following is international trade |
- A. Trade between provinces
- B. Trade between countries
- C. Trade betwene regions
- D. Trade between continents
|
| 10 |
Pakistan Importss some goods and exports other goods primarily because of. |
- A. Free goods
- B. Comparative advantage
- C. Unemployment
- D. Self Sufficiency
|
