International & National Tarde Test 05 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik International & National Tarde Test 05 Mcqs Preparation Online 1. 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... 2. Pakistan's exports mainly consists of products?A. Food productsB. Semi-manufactured and manufactured goods C. Manufactured goods D. Primary goods Loading... 3. International trade is possible primarily through?A. Specialization in production of one good B. Generalization in production of all goods C. Specialization in production of a few goods D. All of the above Loading... 4. Pakistan is not a member of?A. ECO B. World BankC. OPEC D. IMF Loading... 5. 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... 6. Pakistan's exports mainly consists of products?A. Semi-manufactured B. Machinery C. ServicesD. Minerals Loading... 7. To increase exports, Pakistan must?A. (a) and (b) of aboveB. Decrease the value of its currency C. Import cheap labour D. Improve quality of goods Loading... 8. The largest item in our import list is?A. Consumer goods B. ComputersC. Petroleum D. Machinery Loading... 9. Pakistan imports some goods and exports other goods primarily because of?A. Comparative advantage B. Self sufficiencyC. Unemployment D. Free goods Loading... 10. Policy of Protection in trade?A. Facilitates trade B. Protects exportersC. Protects foreign producers D. Protects local producers Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 06 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 08 Online PreparationBiology Mcqs Test 11 Online PreparationBiology Mcqs Test 10 Online Preparation
