Indian & World History•Updated for 2026 Competitive Exams
International Trade MCQS with Answers
Practice top multiple choice questions (MCQs), topic summary, and verified answers for International Trade MCQS with Answers. Essential for Central & State competitive examinations. Solve these high-frequency practice questions with step-by-step solutions to evaluate your preparation level.
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Practice Questions & Explanations (10 Questions)
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Q1UPSC / UGC NETMedium
International trade is primarily based on the principle of:
Q2UPSC / UGC NETMedium
A tax imposed on imported goods is called a:
Q3UPSC / UGC NETMedium
The term 'Balance of Trade' refers to:
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Q4UPSC / UGC NETMedium
Which international organization is primarily responsible for regulating global trade?
Q5UPSC / UGC NETMedium
When a country's imports exceed its exports, it has a:
Q6UPSC / UGC NETMedium
Dumping in international trade refers to:
Q7UPSC / UGC NETMedium
An 'Embargo' is:
Q8UPSC / UGC NETMedium
FDI is an important component of which account in the Balance of Payments?
Q9UPSC / UGC NETMedium
A 'Quota' in international trade is:
Q10UPSC / UGC NETMedium
Which theory suggests that a country will export goods that make intensive use of its abundant factors of production?
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