Tertiary Activity – I (Trade ) Fill in the blanks Set 02

 Tertiary Activity – I (Trade ) 

Fill in the blanks Set 02

1. Latin America exports ......................
Ans: foodstuffs and raw materials
 
2. Rubber and Tin are found abundantly in ....................
Ans: Malaysia
 
3. Industrial countries export ....................... to the less industrial countries.
Ans: finished products
 
4. Trade is the ...................... of commodities within or between countries.
Ans: exchange
 
5. Ores and fibres are .................... products of trade.
Ans: primary
 
6. Trade taking place within a country in called ...................
Ans: Internal Trade
 
7. Trade taking place between countries is called .....................
Ans: International Trade
 
8. Bilateral trade is the exchange of commodities between ................... countries.
Ans: two
 
9. Multilateral trade is the exchange of trade between ..................... countries.
Ans: a number of
 
10. The difference in values between imports and exports is called .....................
Ans: Balance of trade