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Trade

Authored by Ginni Buffay

Business

9th Grade

Used 16+ times

Trade
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Export and Import are the basic processes of _____________

World Trade Organisation

International Trade

National Trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country is facing scarcity of oil. This country is likely to ___________?

Import

Export

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country can export when the goods are

cheap

scarce

expensive

in excess

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does this picture indicate?

Unfavorable Trade

Favorable Trade

Balanced Trade

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The __________________ between the import and export values of a country in a specific period is called balance of trade.

distance

difference

relation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The headquarters of the World Trade Centre is in _________

Geneva

Vienna

Singapore

China

7.

OPEN ENDED QUESTION

2 mins • Ungraded

What is trade?

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