Which of the following is useful for promoting trade?
social condition
Trading blocs
Climatic condition
Political relationship
Which region covers the Caribbean islands of America?
North America
South America
Latin America
Central America
Which type of country has less international trade?
Developed country
Developing country
Densely populated country
Less populated country
International trade which exchange the goods between 2 countries is known as?
Bilateral trade
Multilateral trade
Unilateral trade
internal trade
Which of the following trading region has the largest volume of trade?
Africa
Asia
Australia
Europe
Which type of products are exchanged locally and internationally?
Agricultural
Animal
Forest
All of these
Whichof the following factor plays an important role in the development of trade?
Transportation
Industrial development
Climate
Population
Which of the following goods is labour intensive?
Silk
Watch
Softwood
Tea
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
Which of the following is a primary product?
Furniture
Cereals
Manmade things
Artificial things
