International & National Tarde Test 05 Mcqs Preparation Online Shani Malik — May 19, 2018 in Economics • add comment International & National Tarde Test 05 Mcqs Preparation Online 1. Pakistan's exports mainly consists of products?A. Minerals B. Semi-manufactured C. ServicesD. Machinery Loading... 2. International trade is possible primarily through?A. All of the aboveB. Specialization in production of a few goods C. Generalization in production of all goods D. Specialization in production of one good Loading... 3. Policy of Protection in trade?A. Protects local producers B. Facilitates trade C. Protects foreign producers D. Protects exporters Loading... 4. Pakistan is not a member of?A. IMF B. OPEC C. World BankD. ECO Loading... 5. A country that does not trade with other countries is called?A. Independent economy B. Closed economyC. Developed economy D. None of the above Loading... 6. Balance of payments means?A. The balance of receipts and payments of foreign exchange by a country B. The balance of govt. receipts and paymentsC. The balance of receipts and payments of all banks D. The balance of receipts and payments of State Bank Loading... 7. To increase exports, Pakistan must?A. Decrease the value of its currency B. Improve quality of goods C. Import cheap labour D. (a) and (b) of above Loading... 8. Pakistan imports some goods and exports other goods primarily because of?A. Comparative advantage B. Free goods C. Unemployment D. Self sufficiency Loading... 9. The largest item in our import list is?A. Machinery B. Petroleum C. ComputersD. Consumer goods Loading... 10. Pakistan's exports mainly consists of products?A. Manufactured goods B. Food productsC. Semi-manufactured and manufactured goods D. Primary goods Loading... Loading... Related NTS Results Post:International & National Tarde Test 02 Mcqs…International & National Tarde Test 04 Mcqs…International & National Tarde Test 03 Mcqs…International & National Tarde Test 06 Mcqs…International & National Tarde Test 01 Mcqs…International Economic Organisations Test 02 Mcqs…International Economic Organisations Test 04 Mcqs…International Economic Organisations Test 06 Mcqs…