Commerce 2013 | Study Mode

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Question 1
A
unskilled labour
B
skilled labour
C
blue-collar job
D
white-collar job
Explanation

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Correct option: A
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Question 2
A
creation
B
manufacturing
C
construction
D
formation
Explanation

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Correct option: C
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Question 3
A
middlemen
B
whole saling
C
consumer
D
retailing
Explanation

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Correct option: C
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Question 4
A
exports exceed imports
B
visible exports exceed visible imports
C
imports and exports are equal
D
visible imports exceed visible exports
Explanation

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Correct option: D
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Question 5
A
desire to trade with many countries
B
willingness to grant grant credit to foreigners
C
balance of trade
D
terms of trade
Explanation

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Correct option: A
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Question 6
A
provision of a good transport system to facilitate imports and exports
B
provision of security at the port
C
control of the flow of goods in and out of the country
D
provision of dockyards for ship repairs
Explanation

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Correct option: C
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Question 7
A
shipping note
B
ship report
C
ship manifest
D
dock warrant
Explanation

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Correct option: C
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Question 8
A
consular invoice
B
certificate of origin
C
bill of lading
D
close indent
Explanation

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Correct option: B
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Question 9
A
decreases
B
remains constant
C
increases
D
equals import
Explanation

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Correct option: C
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Question 10
A
radio advertising
B
print media advertising
C
television advertising
D
cinema advertising
Explanation

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Correct option: B

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