Practice World Trade Organisation (8.2.5) - International Trade - CBSE 12 Geography

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9 questions

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4 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
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What does international trade refer to?
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Think about what countries need from each other.
Question 2.
Define bilateral trade.
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How many countries are involved?
3Question 3.
What is the purpose of the WTO?
- To increase tariffs
- To regulate international trade
- To control local economies
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Consider what the 'World Trade Organization' suggests.
4Question 4.
True or False: Bilateral trade involves multiple countries.
- True
- False
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Focus on the prefix 'bi-' meaning two.
Question 5.
Evaluate the impacts of globalization on the economies of developing countries associated with WTO policies.
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Consider both sides of globalization — opportunity vs challenge.
Question 6.
Design a brief proposal for a new regional trade bloc involving three countries of your choice.
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Think about what these countries can offer each other.

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