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

  • Total Questions10

  • Available Sets4

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

Question # 1

Write four disadvantages of multinational corporations.

  • Ans 1: 1- discouragement of local industries 2- Establishment of monopolies.
  • Ans 2: 3- Transfer of resources in foreign countries
  • Ans 3: 4- Fear of external interference
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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 disadvantages of multinational corporations.

  • Ans 1: 1- discouragement of local industries 2- Establishment of monopolies.
  • Ans 2: 3- Transfer of resources in foreign countries
  • Ans 3: 4- Fear of external interference
Submit

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

Question # 1

Write four advantages of globalisation.

  • Ans 1: 1- Use of better technology 2- Availability of better quality goods
  • Ans 2: 3- Repidness in developmental works
  • Ans 3: 4- Arising of atmosphere of brotherbood
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 3

Question # 1

Name the classical theories of international trade.

  • Ans 1: 1- Absolute advantage theory of Adam Smith
  • Ans 2: 2- Comparative cost theory of Richardo
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 4

Question # 1

Write items of balance of payments.

  • Ans 1: 1- Visible imports and exports.
  • Ans 2: 2- Invisible items.
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ICS Part 2 Economics Chapter 5 Test

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