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Types of Trade Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. The purchase of goods from Foreign Country is called _____.

    (a)

    Import

    (b)

    Export

    (c)

    Entrepot

    (d)

    Re-export

  2. When goods are Imported for the purpose of Export is called as _____.

    (a)

    Foreign Trade

    (b)

    Home Trade

    (c)

    Entrepot Trade

    (d)

    Trade

  3. _____ acts as a connecting link between the producer and the consumer.

    (a)

    Trade

    (b)

    Industry

    (c)

    Commerce

    (d)

    Business

  4. The aim of home trade is _____

    (a)

    To raise the standard of living

    (b)

    To provide the essential goods and services economically

    (c)

    To raise the National Income

    (d)

    To obtain all types of goods

  5. Internal trade can be classified in to _____ categories.

    (a)

    Three

    (b)

    Four

    (c)

    Two

    (d)

    Five

  6. 5 x 2 = 10
  7. Give the meaning of Trade?

  8. When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in?

  9. How do you classify Trade?

  10. TVS is selling motorbikes in Europe. Under which type of trade can this be classified?

  11. Where does Internal Trade takes place?

  12. 5 x 3 = 15
  13. Give two examples of Entrepot trade.

  14. What do you mean by Export Trade?

  15. What do you mean by the term international trade? Explain its need.

  16. Explain the merits and demerits of International Trade.

  17. Mention the objectives of Import Trade Policy.

  18. 4 x 5 = 20
  19. What are the features of Internal trade?

  20. Explain the types of Internal Trade

  21. Explain the merits of Foreign Trade.

  22. Describe the demerits of Foreign Trade.

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