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 "

Try The Short Questions For 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 the points of difference between domestic trade and international trade.

  • Ans 1: 1- In mobility of labor and capital 2- Difference in currencies
  • Ans 2: 3- Difference in trae restrictions 4- Difference in govt facilities.
  • Ans 3: 5- Difference in trade agreements 6- Difference in trade polices
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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 the points of difference between domestic trade and international trade.

  • Ans 1: 1- In mobility of labor and capital 2- Difference in currencies
  • Ans 2: 3- Difference in trae restrictions 4- Difference in govt facilities.
  • Ans 3: 5- Difference in trade agreements 6- Difference in trade polices
Submit

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

Question # 1

Difference between national and international trade.

  • Ans 1: The trade that takes place between the individuals living in the same country is caleld national or internal trade. Conversely, the trade that takes place among the individuals living in differen countries of the world is called internatioal or external trade
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 3

Question # 1

What is menat by international trade.

  • Ans 1: International trade is the trade that takes place between the inhabitants of two countries.
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 4

Question # 1

When is balanc eof payment surplus.

  • Ans 1: Balance of payment is surplus when current account is surplus
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ICS Part 2 Economics Chapter 5 Test

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