External Trade

Pass through effect in international trade theory refers to _____

People are most likely to start a business in the following country:

If market supply at any price is greater than the market demand, it is said that there is _____ condition in the market at that price.

Which is the largest cotton growing State in India?

The variety of coffee largely grown in India is -

Under the Foreign Trade Policy $2015-20$, which of the following scheme(s) was/were implemented?

The Ministry of _____ is in charge of foreign trade in India at the national level.

_____ is a form of foreign trade in which a country exports goods which it previously imported without altering them.

Which of the following statement(s) regarding the advantages of the export trade in India is/are correct?

A. Exporting avoids the cost of establishing manufacturing operations in the target country.

B.  Export's lower risk typically reduces the rate of return on sales versus other modes.

Which of the following statements on the disparities between foreign and domestic trade in India is/are true?

A. The foreign trade is typically more costly than domestic trade.

B. The foreign trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labour, or other factors of production.

Which of the following statement(s) regarding the objectives of the import trade in India is/are correct?

A. To speed up industrialisation.

B. To meet domestic demand.

C. To improve standard of living.

The trade which takes place within the geographical boundaries of the country is called _____ trade, whereas trade which occurs between two countries internationally, is called _____ trade respectively.

Which of the following statement(s) regarding the features of the Foreign Trade is/are correct?

A. India’s foreign trade is through sea routes. India has very little trade relations with neighbouring countries like Nepal, Afghanistan, Pakistan, Bhutan and Sri Lanka etc.

B. Indian foreign trade is through Chennai, Kolkata and Mumbai ports. These ports are always over-crowded. After independence ports like Kandla, Cochin and Vishakhapatnam have been developed.

Which of the following statement(s) regarding the key objectives of Foreign Trade Policy $2015-20$ is/are correct?

A. Higher reward under MEIS for products with high domestic content and more value addition in India.

B. Export Obligation reduced from $90\% \text{to} 75$% for domestic procurement under EPCG scheme to boost the ‘Make in India’ initiative.

_____ is the mutual exchange of services or goods between international regions and borders.

Which among the following is the largest trading Government company of India?

During 2016-17, which of the following items under manufacturing goods sector had the highest share in India’s exports ?

How much percentage of India foreign trade is by sea?

Free Trade Policy refers to a policy where there is_______.

Which of the following pairs is mismatched in relation to leading producing countries of certain crops?