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.
When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 12
Define 'World Trade' and explain its significance in the global economy.
Describe the concept of 'comparative advantage' in international trade.
Describe the term 'trade deficit' and its possible effects on a country's economy.
Discuss the role of multinational corporations (MNCs) in world trade.
Discuss the role of technology in facilitating world trade.
Explain how advancements in transportation have influenced world trade.
Explain the concept of 'globalization' in the context of world trade.
Explain the difference between 'balance of trade' and 'balance of payments'.
Explain the impact of world trade on the environment.
Name any two major commodities that dominate world trade.
Name any two major seaports that play a significant role in world trade.
Name the international organization that regulates global trade rules and resolves trade disputes.
State any two challenges faced by developing countries in world trade.
State any two effects of trade liberalization on world trade.
State any two negative impacts of world trade on developing countries.
State any two reasons why countries impose trade barriers.
State any two ways in which world trade can promote cultural exchange.
