Practice Basis Of International Trade (8.2.1) - International Trade - CBSE 12 Geography

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8 questions

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3 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is international trade?
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Think about how countries get the items they need.
Question 2.
What is a barter system?
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Remember how people traded goods before money existed.
3Question 3.
What is international trade?
- Exchange of services only
- Exchange of goods and services
- Local trade only
- None of the above
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Focus on the key definition of international trade.
4Question 4.
True or False: The barter system was the first form of trade.
- True
- False
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Consider how trade began historically.
Question 5.
Evaluate how the balance of trade impacts a nation’s economy and suggest solutions for countries facing a negative balance.
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Think about how improving trade policies can help.
Question 6.
Critically analyze the effects of globalization on local economies and provide examples.
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Consider both benefits and drawbacks of global trade.

4 more questions in this section. Enroll free to practise them all.