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Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Creative Questions in Class 12 Economics Subject - International Economics , English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
_________ refers to foreign currencies.
BOT
FOREX
BOP
FUND
2.
There are _______ major exchange rate system
two
three
four
five
3.
__________ investment may also help increase competition.
Gold
Foreign
Inter Country
Money
4.
_________ is one of the types of BoP disequilibrium.
Income terms of trade
Devaluation
Structural
FDI
5.
The official reserve assets of a country include its_______.
Gold stock
Shares
Debenture
General reserve
6.
Trade is of _____ types
One
Two
Three
Four
7.
________ refers to the exchange of goods and services with the political and geographical boundaries of a nation.
Internal Trade
External Trade
Foreign Trade
Global trade
8.
_______ means value of exports is more than that of imports.
Unfavorable trade
International trade
Favorable trade
External trade
9.
_______ are determined in foreign exchange rate.
Rate of interest
Exchange rate
Net Exports
All the above
10.
_______ equals Export - Import
Gross Import
Gross Export
Net Import
Net Export
11.
_______ includes both visible and invisible items.
Balance of payment
Balance of Trade
Foreign Trade
None of these
12.
International trade was developed by
Adam Smith and Ricardo
Eli Heckscher and Bertil Ohlin
Ricardo and A.C. Pigou
Adam Smith and Ohlin
13.
Comparative cost advantages was developed by
Adam Smith
Ricardo
T.S.Mill
J.R.Hicks
14.
Absolute Cost Advantage was developed by
Adam Smith
Ricardo
T.R.Hicks
Doltan
15.
IMF stands for
Indian Managing Fund
Indian's Marketing Fund
International Monetary Fund
International Marketing Fund
1.
(b)
FOREX
2.
(a)
two
3.
(b)
Foreign
4.
(c)
Structural
5.
(a)
Gold stock
6.
(b)
Two
7.
(a)
Internal Trade
8.
(c)
Favorable trade
9.
(b)
Exchange rate
10.
(d)
Net Export
11.
(a)
Balance of payment
12.
(b)
Eli Heckscher and Bertil Ohlin
13.
(b)
Ricardo
14.
(a)
Adam Smith
15.
(c)
International Monetary Fund
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
Tamilnadu Stateboard Standards
