I.Com part 2 Principles of Economics Chapter 5 Short Question Preparation

12th Class Principles of Economics
Chapter 5

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Online Short Questions For Chapter 5 "ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation "

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  • Total Questions10

  • Available Sets4

Economics - ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation

Question # 1

Define balance of pyment in the word of Prof.Samuclson.

  • Ans 1: International balance of payments is all the transaction for which either foreign exchang is spent or received.
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Prepare Complete Set Wise Questions For Chapter 5 "ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation "

ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation - Set 1

Question # 1

Define balance of pyment in the word of Prof.Samuclson.

  • Ans 1: International balance of payments is all the transaction for which either foreign exchang is spent or received.
Submit

ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation - Set 2

Question # 1

Who did present classicial theory of international trade.

  • Ans 1: Classical theory of international trade was presented by Prof.Adam Smith and Richardo.
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ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation - Set 3

Question # 1

Which are invisible items of balace of payments.

  • Ans 1: 1- Rewards of the services of foreign companies.
  • Ans 2: 2- Expenditure on education in foreign countries.
  • Ans 3: 3- Expenditure on treatmentin foreign countries.
  • Ans 4: 4- expenditure on Torism 5- Financial aid 6- Man power carning
  • Ans 5: 7- Expenditure on foreign loans.
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ICom Part 2 Principles of Economics Chapter 5 Short Questions Preparation - Set 4

Question # 1

Define terms of trade.

  • Ans 1: The rate at which commodities are exchanged with each other in the international trade is called terms of trade.
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12th Principles of Economics Chapter 5 Preparation

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