Page 1 - HA-Sub Topic5

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Grade-X, Sub- Geography
Ch 7- Lifelines of National Economy

Sub Topic5- International Trade, Tourism as a Trade

Sl. Objective
No.
1. _________ and _______ are the two components of the international trade?

(a) Production and consumption
(b) Import and export
(c) Topography and climate
(d) Transport and communication

2. When the value of export exceeds the value of imports, it is called:
(a) Unfavourable balance in trade
(b) State level trade
(c) Favourable balance of trade
(d) Internal trade
3. Which of the following statement is not true regarding international trade?
(a) It is considered the economic barometer for a country.
(b) Takes place through land, air and sea routes.
(c) Provides employment to the people.
(d) It is carried in cities, towns and villages.

4. Which one of the following terms is used to describe trade between two or more
countries? ncert exercise- Q.n.-1vi, page no.-92
(a) Internal trade
(b) International trade
(c) External trade
(d) Local trade
5. Difference between the total value of exports and imports is called.
(a) Balance of Payment
(b) Balance of Trade
(c) Surplus Budget
(d) Deficit Balance
6. Which one of the following commodities does not belong to items of export?
(a) Gems and jewellery
(b) Agriculture and allied products
(c) Fertilizers
(d) Engineering Goods
7. No country can survive without international trade because: