Which of the following is a primary product?
Furniture
Cereals
Manmade things
Artificial things
Which of the following is a reason for the occurrence of trade?
Surplus of goods in one place and demand in another place
Surplus of goods and demand in same place
There is only surplus of goods in country
There is no surplus of goods in a country
International trade which exchange the goods between 2 countries is known as?
Bilateral trade
Multilateral trade
Unilateral trade
internal trade
Trade takes place between countries is known as?
Internal
National
Open
International
Which of the following goods is producing in Switzerland?
Silk
Watch
Tea
Crops
Which of the following is useful for promoting trade?
social condition
Trading blocs
Climatic condition
Political relationship
Whichof the following factor plays an important role in the development of trade?
Transportation
Industrial development
Climate
Population
Which continent is the main exporter of mineral ores?
Africa
Europe
Asia
Australia
Which among the following is supplied by tropical region?
Hardwood
Softwood
Milk
Which region covers the Caribbean islands of America?
North America
South America
Latin America
Central America