International Trade Law Solved MCQs with answers

Here, we are sharing very important “International Trade Law Solved MCQs with answers”.

1. one of the following is international trade?

A. Trade between countries
B. Trade between regions
C. Trade between provinces
D. Both B and C
E. None of these

A. pattern of trade
B. Global supply chains
C. boundaries between tradable and non-tradable goods
D. Both A and B
E. All of these

A. Import of defense material
B. Dependence on foreign countries

C. Export of surplus production
D. Availability of cheap raw materials
E. None of these

A. Specific tariff
B. Import tariff
C. Quota
D. Both A and B
E. None of these

A. Decreasing
B. Undetermined
C. Different
D. Equal
E. None of these

A. 1948
B. 1952
C. 1947
D. None of these

A. Tariff rates are different
B. Cost ratios are different
C. Price ratios are different
D. Both B and C
E. None of these

A. 1948
B. 1935
C. 1956
D. None of these

A. The ratio of import duties
B. The ratio of goods exported and imported
C. The ratio of prices of exports and imports
D. Both A and C
E. None of these

A. Suerez
B. Oppenhein
C. Hago Grotius
D. Both A and B
E. None of these

A. Fiscal policy
B. Monetary policy
C. Commercial policy
D. Both A and B
E. Finance policy