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

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

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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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

Who did present classicial theory of international trade.

  • Ans 1: Classical theory of international trade was presented by Prof.Adam Smith and Richardo.
Submit

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

Question # 1

Write four casues of deficit balance of payments.

  • Ans 1: 1- Decrease in exports 2- Increase in imports
  • Ans 2: 3- Unfavorable terms of trade 4- Inflation
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ICS Part 2 Economics English Medium Chapter 5 Online Short Questions Test - Set 3

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 English Medium Chapter 5 Online Short Questions Test - Set 4

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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5th Chapter

ICS Part 2 Economics Chapter 5 Test

Here you can prepare 12th Economics English Medium Chapter 5 Test. Click the button for 100% free full practice test.

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