8th Chapter

ICS Part 2 Economics English Medium Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

ICS Part 2 Economics English Medium Chapter 8 Test

Start Chapter 8 Test

2nd Year Economics Chapter 8 Online MCQ Test for 12th Class Economics Chapter 8 (International Trade)

Sr. # Questions Answers Choice
1 It helps countries to meet deficit in balcne of payments.
  • A. IMF
  • B. WTO
  • C. World Bank
  • D. UNO
2 A country does not trade with othr contries is called an economy
  • A. Open
  • B. Closed
  • C. Independent
  • D. None
3 In GNP of pakistan rises. It will encourage
  • A. Exports
  • B. Imports
  • C. Both
  • D. None
4 Flxible exchange rate sytem has the advantage.
  • A. Automatic adjustment of balcne of payments
  • B. Easy to borrow form world bank
  • C. Encouragds exports
  • D. None of the above
5 Exchange rate for currencies is determined by supply and demand in system of.
  • A. Fixed exchange
  • B. flexible
  • C. Constatn
  • D. Regulated
6 Which of the following compares everage pricw of exports to avarage Price of imports.
  • A. Balance of payments
  • B. Balance of trade
  • C. Terms of trade
  • D. Exchange of rate
7 Visible goods are recorded int his part of balance of payments account
  • A. Current account
  • B. Capital account
  • C. Govt account
  • D. Official Account
8 Balance of payments of country includes.
  • A. Current account
  • B. Monetry Account
  • C. Capital Account
  • D. All of the above
9 Pakistan exports as percentage GDP are.
  • A. 4%
  • B. 8%
  • C. 12%
  • D. 16%
10 The receipt of payments for goods exported and imported are counted in .
  • A. Capital Account
  • B. Trade Account
  • C. Current account
  • D. Monetary account

Top Scorers of ICS Part 2 Economics English Medium Chapter 8 Online Test

M

Muhammad Hassan

Lahore26 - Apr - 2025

17/17
01 Mins 12 Sec
T

Tomboy Tomboy

Lahore09 - Apr - 2025

16/17
02 Mins 03 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

15/17
01 Mins 56 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

14/17
02 Mins 36 Sec

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