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FOREIGN TRADE Economics - FOREIGN TRADE

Gujarat Board (GSEB) - STD 12 Arts - Economics (GSEB - English Medium). 219 questions in this chapter.

Question types

FOREIGN TRADE question types

219 questions across 5 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

219
Questions
5
Question groups
5
Question types
Sample Questions

FOREIGN TRADE questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 2MCQ1 Mark
What is Balance of Trade?
  • A
    Balance of Current Account
  • B
    Balance of Capital Account
  • ✓
    Balance of Merchandise $($Visible$)$ Trade
  • D
    Balance of Service $($Invisible$)$ Trade

Answer: C.

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Q 3MCQ1 Mark
Which countries can be included in the list of India’s traditional trade partners?
  • ✓
    England & Russia
  • B
    Japan & Chin
  • C
    Countries & Central Asi
  • D
    Australia

Answer: A.

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Q 4MCQ1 Mark
Which significant changes has occurred in India’s foreign trade after $2005?$
  • ✓
    The size of trade has increased and India’s rank in the world trade has risen.
  • B
    The size of trade has increased and India’s rank in the world trade has fallen.
  • C
    India’s balance of payment has continuously recorded a deficit.
  • D
    The share of traditional exports in trade has increase.

Answer: A.

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Q 5MCQ1 Mark
In today's time which factor of production is the most mobile in international trade?
  • ✓
    Capital
  • B
    Labour
  • C
    Entrepreneurship
  • D
    Land

Answer: A.

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