( Best 30+ ) International Trad Law MCQ

by Mr. DJ

International Trad Law MCQ

International trade finance comprises financial instruments and products that facilitate international trade. Following are some of the international trade and finance multiple choice questions and answers that will help the students in brushing up their understanding of the concept of international trade and finance.

International Trad Law MCQ

11. one of the following is international trade?

A. Trade between countries
B. Trade between regions
C. Trade between provinces
D. Both B and C
E. None of these

Answer :- A

12. In trade, Transportation cost affects____.

A. pattern of trade
B. Global supply chains
C. boundaries between tradable and non-tradable goods
D. Both A and B
E. All of these

Answer :- E

13. one of the following is NOT an advantage of international trade?

A. Import of defense material
B. Dependence on foreign countries
C. Export of surplus production
D. Availability of cheap raw materials
E. None of these

Answer :- B

14. In trade policies _____limits specified the number of goods to be imported at one tariff rate.

A. Specific tariff
B. Import tariff
C. Quota
D. Both A and B
E. None of these

Answer :- C

15. We can trade between the two countries and this trade is very helpful if the cost ratios of goods are____.

A. Decreasing
B. Undetermined
C. Different
D. Equal
E. None of these

Answer :- C
16. Charter of Human Rights adopted in____year

A. 1948
B. 1952
C. 1947
D. None of these

Answer :- A
17. Two countries gain foreign trade with____.

A. Tariff rates are different
B. Cost ratios are different
C. Price ratios are different
D. Both B and C
E. None of these

Answer :- D

18. Conference of Bogota introduced in____year

A. 1948
B. 1935
C. 1956
D. None of these

Answer :- A

19. one of the following is the Term of trade of a country

A. The ratio of import duties
B. The ratio of goods exported and imported
C. The ratio of prices of exports and imports
D. Both A and C
E. None of these

Answer :- C

20. _____is the father of International Law.

A. Suerez
B. Oppenhein
C. Hago Grotius
D. Both A and B
E. None of these

Answer :- C

21. one of the following policy about exports and imports?

A. Fiscal policy
B. Monetary policy
C. Commercial policy
D. Both A and B
E. Finance policy

Answer :- C

International Trad Law MCQ help you to clear your objective part of this chapter. In above we have provided more than 20+ International Trad Law MCQ .

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