PU COM 2026 Trade Free Quiz 1

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PU COM 2026 Trade Free Quiz 1

PU COM Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

General 10 MCQs

1. What is home trade?

A. Trade within the country B. Trade between countries C. Trade in large quantities D. Trade in small quantities

2. What is foreign trade?

A. Home trade B. Foreign trade C. Wholesale trade D. Retail trade

3. What is wholesale trade?

A. Retail trade B. Export C. Wholesale trade D. Import

4. What is retail trade?

A. Wholesale trade B. Import C. Export D. Retail trade

5. What is import?

A. Purchase of goods from another country B. Sale of goods to another country C. Home trade D. Wholesale trade

6. What is export?

A. Purchase of goods from another country B. Sale of goods to another country C. Home trade D. Retail trade

7. What is balance of trade?

A. Total trade B. Trade deficit C. Difference between exports and imports D. Trade surplus

8. What is a trade surplus?

A. Trade deficit B. Balance of trade C. Total trade D. Exports exceed imports

9. What is a trade deficit?

A. Imports exceed exports B. Exports exceed imports C. Balance of trade D. Total trade

10. What is included in the balance of payments?

A. Only trade B. All economic transactions C. Only services D. Only investments

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