World Trade
Geography ⇒ World Geography
World Trade starts at 10 and continues till grade 12.
QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in World Trade.
How you perform is determined by your score and the time you take.
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See sample questions for grade 11
Describe the role of technology in facilitating world trade.
Describe the role of transportation in world trade.
Describe the term 'balance of trade'.
Explain the concept of 'comparative advantage' in world trade.
Explain the concept of 'trade liberalization'.
Explain the difference between bilateral and multilateral trade agreements.
Explain the impact of globalization on world trade.
Explain the term 'trade balance'.
Name any two major seaports that play a significant role in world trade.
State one advantage and one disadvantage of world trade.
State one impact of world trade on developing countries.
State one reason why some countries have a trade surplus while others have a trade deficit.
What is meant by 'invisible trade'?
What is meant by 'terms of trade'?
What is meant by 'world trade'?
What is the difference between export and import?
What is the main function of the World Trade Organization?
What is the main purpose of imposing tariffs on imported goods?
