Economics International & National Tarde Test 05 Mcqs Preparation Online International & National Tarde Test 05 Mcqs Preparation Online 1. Pakistan's exports mainly consists of products?A. Machinery B. Semi-manufactured C. Minerals D. Services Loading... 2. International trade is possible primarily through?A. All of the aboveB. Specialization in production of one good C. Generalization in production of all goods D. Specialization in production of a few goods Loading... 3. Balance of payments means?A. The balance of govt. receipts and paymentsB. The balance of receipts and payments of foreign exchange by a country C. The balance of receipts and payments of State Bank D. The balance of receipts and payments of all banks Loading... 4. Pakistan is not a member of?A. World BankB. ECO C. OPEC D. IMF Loading... 5. A country that does not trade with other countries is called?A. Developed economy B. None of the aboveC. Independent economy D. Closed economy Loading... 6. The largest item in our import list is?A. ComputersB. Consumer goods C. Machinery D. Petroleum Loading... 7. Pakistan's exports mainly consists of products?A. Food productsB. Primary goods C. Semi-manufactured and manufactured goods D. Manufactured goods Loading... 8. Pakistan imports some goods and exports other goods primarily because of?A. Free goods B. Unemployment C. Self sufficiencyD. Comparative advantage Loading... 9. Policy of Protection in trade?A. Facilitates trade B. Protects local producers C. Protects foreign producers D. Protects exporters Loading... 10. To increase exports, Pakistan must?A. (a) and (b) of aboveB. Import cheap labour C. Improve quality of goods D. Decrease the value of its currency Loading... Loading... Related PostsInternational & National Tarde Test 06 Mcqs Preparation…International & National Tarde Test 04 Mcqs Preparation…International & National Tarde Test 03 Mcqs Preparation…International & National Tarde Test 02 Mcqs Preparation…International & National Tarde Test 01 Mcqs Preparation…International Economic Organisations Test 01 Mcqs… Continue Reading Previous International & National Tarde Test 04 Mcqs Preparation OnlineNext International & National Tarde Test 06 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ