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. Manufactured goods B. Food productsC. Primary goods D. Semi-manufactured and manufactured goods Loading... 2. Pakistan imports some goods and exports other goods primarily because of?A. Comparative advantage B. Free goods C. Unemployment D. Self sufficiency Loading... 3. Pakistan's exports mainly consists of products?A. Machinery B. Minerals C. Semi-manufactured D. Services Loading... 4. Policy of Protection in trade?A. Protects local producers B. Protects exportersC. Facilitates trade D. Protects foreign producers Loading... 5. International trade is possible primarily through?A. Specialization in production of one good B. All of the aboveC. Generalization in production of all goods D. Specialization in production of a few goods Loading... 6. Pakistan is not a member of?A. World BankB. OPEC C. ECO D. IMF Loading... 7. Balance of payments means?A. The balance of receipts and payments of all banks B. The balance of receipts and payments of State Bank C. The balance of govt. receipts and paymentsD. The balance of receipts and payments of foreign exchange by a country Loading... 8. The largest item in our import list is?A. Consumer goods B. ComputersC. Petroleum D. Machinery Loading... 9. To increase exports, Pakistan must?A. Import cheap labour B. Decrease the value of its currency C. (a) and (b) of aboveD. Improve quality of goods Loading... 10. A country that does not trade with other countries is called?A. None of the aboveB. Developed economy C. Independent economy D. Closed economy Loading... Loading... Related NTS Results Post:International & National Tarde Test 03 Mcqs…International & National Tarde Test 01 Mcqs…International & National Tarde Test 02 Mcqs…International & National Tarde Test 04 Mcqs…International & National Tarde Test 06 Mcqs…Equilibrium of National income Test 01 Preparation OnlineBiology Mcqs Test 06 Online PreparationBiology Mcqs Test 12 Online Preparation
