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. Machinery B. Minerals C. Semi-manufactured D. Services Loading... 2. A country that does not trade with other countries is called?A. Independent economy B. None of the aboveC. Closed economyD. Developed economy Loading... 3. Pakistan imports some goods and exports other goods primarily because of?A. Free goods B. Unemployment C. Comparative advantage D. Self sufficiency Loading... 4. To increase exports, Pakistan must?A. Improve quality of goods B. (a) and (b) of aboveC. Decrease the value of its currency D. Import cheap labour Loading... 5. International trade is possible primarily through?A. Generalization in production of all goods B. Specialization in production of one good C. Specialization in production of a few goods D. All of the above Loading... 6. Pakistan is not a member of?A. World BankB. IMF C. OPEC D. ECO 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. Balance of payments means?A. The balance of receipts and payments of all banks B. 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 govt. receipts and payments Loading... 9. The largest item in our import list is?A. ComputersB. Petroleum C. Consumer goods D. Machinery Loading... 10. Policy of Protection in trade?A. Facilitates trade B. Protects foreign producers C. Protects exportersD. Protects local producers Loading... Loading...
