Commerce ss1 2nd Term
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1 / 30
Visible trade involves the exchange of:
2 / 30
Which of the following is Not a function of customs authority?
3 / 30
4 / 30
Entrepot trade means?
5 / 30
The balance of payment differ from balance of trade because:
6 / 30
Balance of trade refers to the different between?
7 / 30
If the term of trade are above 100%, it means
8 / 30
One of the major reason for engaging in foreign trade .
9 / 30
The types of foreign trade where a country sell to another is called?,
10 / 30
Foreign trade involves the exchange of goods and services between?
11 / 30
Rail transportation is commonly used for ?
12 / 30
Term of trade help measure?
13 / 30
The main duty of customs authority is to:
14 / 30
Term of trade deteriorate when:
15 / 30
Which mode of transport is generally the fastest?
16 / 30
Customs duties are charged on?
17 / 30
Goods that are prohibited to enter a country are known as?
18 / 30
Term of trade is calculated as:
19 / 30
Which of the following is most suitable for transporting large quantities of goods to internationally ?
20 / 30
Which of the following item is classified under the visible trade?
21 / 30
One factors that can improve a country's term of trade is _____
22 / 30
Which organization usually works alongside with customs in many countries?
23 / 30
An unfavorable balance of trade means when country:
24 / 30
Which of the following is included in the current account of BOP.
25 / 30
The capital account of BOP records:
26 / 30
A balance of payment surplus means:
27 / 30
Air transport is most ideal for ?
28 / 30
Which of the following is Not an important of foreign trade?
29 / 30
Balance of payment is a record of?
30 / 30
One limitation if sea transportation Is________
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The average score is 50%
