ICS Part 2 Economics English Medium Chapter 5 Short Questions with Answers

Online Short Questions For Chapter 5 "ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test "

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Economics - ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test

Question # 1

Write four advantages of multinatinal corporation.

  • Ans 1: 1- Availability of goods at low prices
    2- Increase in the productionf of goods
  • Ans 2: 3- Increase in efficiency of labourers
    4- Increase in the employment opportunities.
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Prepare Complete Set Wise Questions For Chapter 5 "ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test "

ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 1

Question # 1

Write four advantages of multinatinal corporation.

  • Ans 1: 1- Availability of goods at low prices
    2- Increase in the productionf of goods
  • Ans 2: 3- Increase in efficiency of labourers
    4- Increase in the employment opportunities.
Submit

ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 2

Question # 1

Which are inivisible items of balance 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 treatment i foreign countries.
  • Ans 4: 4- Expenditure on tourism
  • Ans 5: 5- Expenditure on political, cultural and trade delegates.
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 3

Question # 1

What is meant by deficit or unfavourable balance of payments.

  • Ans 1: If a country exports its visible and invisible goods of less value than the value of its imports of visible and invisible goods then, Its balance of payments willbe deficits or unfavourable.
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 4

Question # 1

When was WTO set up and how many are its memebrs.

  • Ans 1: WTO was set up on 1st January 1995. Its members are 151
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ICS Part 2 Economics Chapter 5 Test

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