Related InterviewSolutions

• Why is it necessary to insure goods in international trades?
• Why are trade agreements signed between nations?
• Define foreign trade and explain its meaning.
• In which year did India underwent major economic reforms?(A) 1991(B) 1995(C) 2001(D) 2005
• State the definition of foreign trade given by Thomas.
• Who makes international trade agreements?(A) Politicians(B) Businessman(C) Industrialists(D) Custom and excise departments
• Which of the following is not a feature of international trade?(A) Maximum utilization of resources(B) High standard of living(C) Divisions of labour and specialization(D) Lesser taxes and duties
• The benefits of international trade lures a country so much that it cannot resist jumping into it. Give reason.
• Benefit of distribution of labour and specialization is achieved due to ________(A) Unequal distribution of natural resources(B) Less development of nations(C) Economic and political policies(D) Both (A) and (C)
• In which of the following places, SEZ is not present?(A) Dahej(B) Falta(C) Cochin(D) Banswada