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Questions and Answers
Which of the following is a benefit of trade according to the text?
Which of the following is a benefit of trade according to the text?
- Decreases value added products
- Reduces GNP
- Increases unemployment
- Promotes Industrialization (correct)
What is the definition of export according to the text?
What is the definition of export according to the text?
- When a country produces goods and services for its own consumption
- When a country buys goods and services from another country
- When a country sells its goods and services to another country (correct)
- When a country imports goods and services from another country
What are the types of goods that Pakistan imports according to the text?
What are the types of goods that Pakistan imports according to the text?
- Aircraft parts and scrap metals
- Food, machinery, and textiles
- Electrical appliances and cotton yarn
- Consumer goods, Capital goods, and raw materials (correct)
Which country does Pakistan import aircraft parts and scrap metals from according to the text?
Which country does Pakistan import aircraft parts and scrap metals from according to the text?
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What does import refer to according to the text?
What does import refer to according to the text?
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