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12th Standard English Medium Economics Subject International Economics Creative 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. Comparative cost advantages was developed by

    (a)

    Adam Smith

    (b)

    Ricardo

    (c)

    T.S.Mill

    (d)

    J.R.Hicks

  2. The official reserve assets of a country include its_______.

    (a)

    Gold stock

    (b)

    Shares

    (c)

    Debenture

    (d)

    General reserve

  3. __________ investment may also help increase competition.

    (a)

    Gold

    (b)

    Foreign

    (c)

    Inter Country

    (d)

    Money

  4. _________ refers to foreign currencies.

    (a)

    BOT

    (b)

    FOREX

    (c)

    BOP

    (d)

    FUND

  5. Which of the following is not a subject matter of economics?

    (a)

    Pure Theory of Trade

    (b)

    International Cartels and Trade Blocs

    (c)

    Fiscal Federalism

    (d)

    International Financial and Trade Regulatory Institutions

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