Chapter 8: International Trade
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The main benefit of international trade is:
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Trade imbalance can cause:
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Global trade promotes:
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Environmental issues due to trade include:
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Trade barriers include:
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Trade routes developed due to:
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Today trade is dominated by:
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Earlier trade focused on:
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Developing countries today:
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Modern trade relies on:
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Ports help in:
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Out ports are:
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Example of inland port:
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Inland ports are located:
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Ports are important for:
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Which indicator measures trade?
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Trade balance affects:
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Favorable balance implies:
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Trade deficit means:
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Balance of trade is part of:
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Negative balance leads to:
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Positive balance is also called:
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Imports > Exports =
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Exports > Imports =
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Balance of trade means:
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WTO regulates:
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ASEAN is associated with:
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NAFTA is a:
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Which is an example of regional trade bloc?
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Trade agreements are important for:
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Multilateral trade involves:
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Bilateral trade involves:
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MFN status stands for:
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Trade among many countries is:
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Trade between two countries is:
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Modern trade depends heavily on:
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Which is NOT a basis of trade?
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Trade allows countries to:
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The main aim of trade is:
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The division of labour leads to:
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International trade leads to:
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Trade after Industrial Revolution mainly involved:
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Which route connected China to Rome?
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Trade increases due to:
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Transferability refers to:
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Complementarity means:
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Which principle states specialization based on lowest opportunity cost?
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Trade started with which system?
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The main basis of international trade is:
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International trade refers to:
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