Tertiary Activity – I (Trade ) Choose the correct answer Set 01

Tertiary Activity – I (Trade )

Choose the correct answer Set 01

1.Trade within the country is called .....................
(a) Internal trade 
(b) International trade 
(c) Open trade
 
2. Industrial raw material are .................... products.
(a) Primary 
(b) Secondary 
(c) Tertiary
 
3. Switzerland is famous for ..................
(a) Silk 
(b) Watches  
(c) Tea
 
4. Transportation is more useful in transporting a variety of ....................
(a) bulky goods 
(b) raw materials 
(c) finished products
 
5. Middle East countries specialize in the trade of ...................
(a) Oil 
(b) Paper 
(c) Tin
 
6. Adverse balance of trade ....................
(a) improves economy  
(b) affects economy 
(c) stabilises economy