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Economics

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

(a)   is a company that owns or controls production in more than one nation.

2.

Investment made by MNCs is called ___________________.

a)

Foreign investment

b)

Local investment

c)

Net investment

d)

Gross investment

3.

Rapid integration or interconnection between countries is called as ______________.

a)

Liberalisation

b)

Privatisation

c)

Globalisation

d)

Organisation

4.

Expansion of WTO _______________________

a)

World Tax Organisation

b)

World Trade Operation

c)

World Tariff Organisation

d)

World Trade Organisation

5.

Steps to attract Foreign investments

a)

SOZ

b)

SEZ

c)

SNZ

d)

SQZ

6.

______________________________ is an example of Trade Barrier

a)

Tax on Exports

b)

Tax on Imports

7.

Removing barriers or restrictions set by the government is called as _____________________________.

a)

Liberalisation

b)

Privatisation

c)

Maximisation

d)

Globalisation

8.

SEZ stands for _______________________________.

a)

Social Economic Zone

b)

Set Economic Zone

c)

Special Economic zone

d)

Simple Economic Zone

9.

___________________________ results in connecting the markets or integration of markets in different countries.

a)

Free Trade

b)

Local Trade

c)

Internal Trade

d)

Foreign trade

10.

At present ________________ countries of the world are currently members of the WTO.

a)

165

b)

163

c)

164

d)

160