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Published on: 28/08/2019
International Economics
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 the exchange of goods and services with the political and geographical boundaries of a nation.
Internal Trade
External Trade
Foreign Trade
Global trade
2.
_______ means value of exports is more than that of imports.
Unfavorable trade
International trade
Favorable trade
External trade
3.
_______ are determined in foreign exchange rate.
Rate of interest
Exchange rate
Net Exports
All the above
4.
_______ equals Export - Import
Gross Import
Gross Export
Net Import
Net Export
5.
_______ includes both visible and invisible items.
Balance of payment
Balance of Trade
Foreign Trade
None of these
6.
International trade was developed by
Adam Smith and Ricardo
Eli Heckscher and Bertil Ohlin
Ricardo and A.C. Pigou
Adam Smith and Ohlin
7.
Exchange rate for currencies is determined by supply a!ld demand under the-system of
Fixed exchange rate
Flexible exchange rate
Constant
Government regulated
8.
Exchange rates are determined in
money market
foreign exchange market
stock market
capital market
9.
Which of the following factors influence trade?
The stage of development of a product
The relative price of factors of productions.
Government.
All of the above.
10.
Trade between two countries is known as ____ trade
External
Internal
Inter-regional
Home
11.
Balance of Payment Equilibrium
12.
Balance of Payments Disequilibrium
13.
The single Factoral Terms of Trade
14.
Gross Barter Terms of Trade
15.
Net Barter Terms of trade
1.
(a)
Internal Trade
2.
(c)
Favorable trade
3.
(b)
Exchange rate
4.
(d)
Net Export
5.
(a)
Balance of payment
6.
(b)
Eli Heckscher and Bertil Ohlin
7.
(b)
Flexible exchange rate
8.
(b)
foreign exchange market
9.
(d)
All of the above.
10.
(a)
External
11.
R/P=1
12.
R/P≠1
13.
Viner
14.
Taussig
15.
Tn = (Px/ Pm) x 100
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Tamilnadu Stateboard 12th Standard Subjects
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Biology
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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
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