Related Questions

In a world of many trading countries, the trade between two countries need not be balanced for the trade of each to be in global balance. Differing demands and productive capabilities among countries will cause a specific country to have trade deficits with some countries and surplus with other countries. Which of the following statements best summarizes the above?
A A country's trade will always be in balance even though it runs a deficit with a single country.
B A country's trade deficits and surpluses with other countries always balance out.
C A country's global trade balance is a sign of strength or weakness.
D A country's global trade balance is determined by relative demand and productive capabilities.
Bangladesh has trade surplus with which country ?
A India
B USA
C China
D Singapore
with which of the following countries Bangladesh has trade surplus?
A USA
B India
C Singapore
D China
In a cricket season, Bangladesh defeated Australia twice, West Indies defeated Bangladesh twice, Australia defeated West Indies twice , Bangladesh defeated New Zealand twice, West Indies defeated New Zealand twice. Which country has lost most number of times ?
A Bangladesh
B Australia
C New Zealand
D West Indies
A country with a current account surplus
A is using foreign saving to supplement domestic saving in financing investment projects .
B is using part of its domestic saving to lend overseas rather than finance domestic investment .
C the benefit that the government gets form imposing tariffs .
D the costs imposed by a tariff on the consumers of the imported goods.
The country which Shares trade with Bangladesh without having any diplomatic relation is-
A Israel
B North Korea
C Myanmar
D Taiwan
The cost of producing rice in country Q is 10 percent less than the cost of producing rice in country Y. Even after transportation fees and tariff charges are added. it is still cheaper for a company to import rice form country Q to country Y than to produce rice in country Y? The statements above , if true , best support which of the following assertions?
A Labor costs in country Q are 10 percent below those in country Y .
B Importing rice from country Q to country Y is less than 10 percent of the cost of manufacturing rice in country Q .
C The fee for transporting rice from country Q to country Y is more than 10 percent of the cost of manufacturing rice in country Q .
D It takes 10 percent less time to manufacture rice in country Q than it does in country Y.
The cost of producing Garment in Country Q is ten percent less than the cost of producing Garment in Country Y, Even after transportation fees and tariff charges are added,it is still cheaper for a company to import Garment from Country Q to Country Y than to produce Garment in Country Y". The statement above, if true, best support which of the following assertions?
A Importing Garment from Country Q to Country Y will eliminate ten percent of new manufacturing jobs in Country Y.
B The tariff on a Garment imported from Country Q to Country Y is less than ten percent of the cost of manufacturing the Garment in Country Y.
C The fee for transporting Garment from Country Q to Country Y is more than ten percent of the cost of manufacturing the Garment in Country Q.
D It takes ten percent less time to manufacture a Garment at Country Q than it dos in Country Y.
The Trade Facilitation Agreement was signed by the members of the World Trade Organization at
A 2001 Doha Development Round
B 2003 Cancun Ministerial Meeting
C 2013 Bail Ministerial Conference
D 2008 Geneva Ministerial Meeting
The Trade Facilities, Agreement signed by the members of the world Trade Organization came into force on.
A 12 February, 2017
B 22 February, 2017
C 24 February, 2017
D 25 February, 2017

Next steps