Podcast
Questions and Answers
What is required from students regarding the questions in the examination?
What is required from students regarding the questions in the examination?
- Only objective questions need to be answered.
- All questions must be answered. (correct)
- Students can skip any question.
- Only some questions are compulsory.
How many total questions are there in the examination?
How many total questions are there in the examination?
- 12
- 20
- 10
- 16 (correct)
What is the scoring system for short answer questions?
What is the scoring system for short answer questions?
- 1 mark each
- 5 marks each
- 3 marks each (correct)
- 2 marks each
What happens if a student answers incorrectly?
What happens if a student answers incorrectly?
Where should students write their answers for objective questions?
Where should students write their answers for objective questions?
What is the term used to describe a situation where a country exports more than it imports?
What is the term used to describe a situation where a country exports more than it imports?
When can students leave the examination hall?
When can students leave the examination hall?
Which continent has the highest flow of global trade?
Which continent has the highest flow of global trade?
What type of question corresponds to 5 marks?
What type of question corresponds to 5 marks?
Which of the following is considered international trade?
Which of the following is considered international trade?
Most of the world’s great ports are classified as which type?
Most of the world’s great ports are classified as which type?
What does the acronym W.T.O. stand for?
What does the acronym W.T.O. stand for?
What occurs when imports exceed exports?
What occurs when imports exceed exports?
For which section are very short answer questions designated?
For which section are very short answer questions designated?
Which South American country is a member of OPEC?
Which South American country is a member of OPEC?
Where is the headquarters of the W.T.O. located?
Where is the headquarters of the W.T.O. located?
What is the approximate length of the Silk Route?
What is the approximate length of the Silk Route?
In which year was GATT replaced by the WTO?
In which year was GATT replaced by the WTO?
How many countries are currently members of the SAARC organization?
How many countries are currently members of the SAARC organization?
Flashcards
International Trade
International Trade
Exchange of goods and services between countries.
Import
Import
Bringing goods or services into a country from another.
Export
Export
Sending goods or services from one country to another.
Trade Deficit
Trade Deficit
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Objective Question
Objective Question
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Very Short Answer
Very Short Answer
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Short Answer
Short Answer
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Long Answer
Long Answer
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Trade between countries
Trade between countries
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Trade between Regions
Trade between Regions
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Trade Surplus
Trade Surplus
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Continent with maximum global trade flow
Continent with maximum global trade flow
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World's Great Ports Classification
World's Great Ports Classification
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Full form of WTO
Full form of WTO
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South American OPEC Member
South American OPEC Member
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Headquarters of WTO
Headquarters of WTO
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Approximate Length of Silk Road
Approximate Length of Silk Road
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Year GATT became WTO
Year GATT became WTO
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SAARC Member Countries
SAARC Member Countries
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Study Notes
General Instructions
- All questions are compulsory.
- There are 16 questions in total.
- Marks for objective questions: 2
- Marks for very short answer questions: 2
- Marks for short answer questions: 3
- Marks for long answer questions: 5
- There is no negative marking.
- Objective questions (1-10) have four options; select the correct one (a, b, c, or d).
- Answer short answer questions (11-12), short answer questions (13-14), and long answer questions (15-16) in the answer sheet.
- Students are not allowed to leave the exam hall before completing the exam.
Section A (Objective Questions)
- Question 1: All questions are compulsory.
- Question 2: Total number of questions is 16.
- Question 3: Marks for objective questions, very short answer, short answer, and long answer questions are 2, 2, 3, and 5, respectively.
- Question 4: There is no negative marking for wrong answers.
- Question 5: Objective questions (1-10) have four options; choose the correct one (a, b, c, or d).
- Question 6: Write the answers to very short answer questions (11-12), short answer questions (13-14), and long answer questions (15-16) in the answer sheet.
- Question 7: Students are not allowed to leave the examination hall before completing the exam.
- Question 8(1): International trade is trade between countries.
Section B (Very Short Answer Questions)
- Question 11: Levels of trade conducted.
- Question 12: Countries connected by the silk route.
Section C (Short Answer Questions)
- Question 13: Definition of trade.
- Question 14: Importance of the silk route in ancient times.
Section D (Long Answer Questions)
- Question 15: Definition of ports and their classification based on location.
- Question 16: Benefits of international trade to countries.
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