Economics International & National Tarde Test 05 Mcqs Preparation Online 0 International & National Tarde Test 05 Mcqs Preparation Online 1. International trade is possible primarily through?A. All of the aboveB. Specialization in production of one good C. Specialization in production of a few goods D. Generalization in production of all goods Loading... 2. Pakistan imports some goods and exports other goods primarily because of?A. Free goods B. Comparative advantage C. Unemployment D. Self sufficiency Loading... 3. A country that does not trade with other countries is called?A. Independent economy B. Closed economyC. None of the aboveD. Developed economy Loading... 4. Pakistan is not a member of?A. OPEC B. ECO C. World BankD. IMF Loading... 5. Pakistan's exports mainly consists of products?A. Minerals B. Machinery C. Semi-manufactured D. Services Loading... 6. Balance of payments means?A. The balance of govt. receipts and paymentsB. The balance of receipts and payments of State Bank C. The balance of receipts and payments of all banks D. The balance of receipts and payments of foreign exchange by a country Loading... 7. Pakistan's exports mainly consists of products?A. Primary goods B. Food productsC. Manufactured goods D. Semi-manufactured and manufactured goods Loading... 8. 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... 9. Policy of Protection in trade?A. Facilitates trade B. Protects exportersC. Protects foreign producers D. Protects local producers Loading... 10. The largest item in our import list is?A. Consumer goods B. Petroleum C. ComputersD. Machinery Loading... Loading... Related PostsInternational & National Tarde Test 01 Mcqs Preparation…International & National Tarde Test 02 Mcqs Preparation…International & National Tarde Test 03 Mcqs Preparation…International & National Tarde Test 04 Mcqs Preparation…International & National Tarde Test 06 Mcqs Preparation…International Economic Organisations Test 01 Mcqs…International Economic Organisations Test 02 Mcqs…International Economic Organisations Test 03 Mcqs…International Economic Organisations Test 04 Mcqs…International Economic Organisations Test 05 Mcqs… Continue Reading Previous International & National Tarde Test 04 Mcqs Preparation OnlineNext International & National Tarde Test 06 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ