International Trade

What is the impact of industrialization on land?

• Growth of organic farming

• Expansion of wildlife habitats

• Increase in forest cover

• Decrease in agricultural productivity

What does GDP stand for?

• Global Development Process

• Gross Domestic Product

• Governmental Distribution Plan

• General Development Protocol

Which country/countries are not involved in CPEC?

• India

• Pakistan

• China

• Afghanistan

What does ISO represent?

• Internet Security Operations

• International Standards Organization

• Internal Security Office

• International Service Organization

What is the main disadvantage of cottage industry?

• Large-scale production

• High-quality products

• Low employment opportunities

• Technological advancements

What is the main focus of bilateral trade?

• Regional cooperation

• Global market access

• Cooperation with any single country

• Multiple countries involved

What does P.T.A stand for in the context of trade?

• Public Trade Agreement

• Private Trade Association

• Preferential Trade Agreement

• Productive Trade Alliance

What is the main focus of F.T.A?

• Tariff reduction

• Quality control

• Market expansion

• Labor rights

What is one main industry leading to differentiated products?

• Construction

• Agriculture

• Textile

• Automobile