International Trade - Class XII Geography Quiz
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Preview questions
1. What is the primary purpose of international trade?
Cultural exchange · Economic growth · Political alliances · Environmental protection
2. Which of the following is NOT a benefit of international trade?
Access to a wider variety of goods · Increased competition · Job creation in all sectors · Economies of scale
3. What term describes the difference between a country's exports and imports?
Trade surplus · Trade deficit · Balance of trade · Trade quota
4. Which factor is most likely to affect international trade patterns?
Cultural preferences · Geopolitical stability · Technological advancements · All of the above
5. What is the role of tariffs in international trade?
To promote exports · To restrict imports · To enhance trade agreements · To stabilize currency
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