INTERNATIONAL TRADE

  International trade contributes and increases the world _________

• Population

• Inflation

• Economy

• Trade Barriers

  Trade between two or more than two countries is known as ________.

 

• Internal Business

• External Trade

• International Trade

• Unilateral Trade

     ___refers to the tax imposed on imports.

  

• Imported Tax

• Tariffs

• Subsidies

• Import Quotas

    _______is the oldest International Trade theory.

• Country Similarity Theory

• Theory of Absolute Cost advantage

• Product Life Cycle Theory

• Mercantilism Theory

    The international trade between ___________ is like a vast game of beggar my neighbour.

   

• Exporter & Importer

• Two Countries

• Two world wars

• Country’s allies and enemies

    _____ provided a series of ’rounds’ of negotiations by which tariffs were reduced.

  

• IMF

• NAFTA

• IBRD

• GATT

   BOP stands for ________.

  

• Bank of Payments

• Barrier of Payments

• Bill of Payments

• Balance of Payments

    The full form of WTO is __________

  

   

• World Tariff Organization

• World Trade Organization

• Western Trade Organization

• World Transport Organization

   Which theory considers bullion as a part of the international trade

          

• Modern theory of trade

• Factor equalization theorem

• Comparative cost advantage theory

• Mercantilism

If goods are exchanged with the in the country then it is called

.

• Internal trade

• Modern theory of trade

• New trade theory

• International trade