Geography Important Questions Chapter 9 Trade Class 9 Maharashtra Board

Imp Questions For All Chapters – Geography Class 9th

Short Questions

1. What is trade?

• Trade is the buying and selling of goods and services to meet people’s needs.

2. What is visible trade?

• Visible trade is the buying and selling of physical goods like vegetables or books.

3. What is invisible trade?

• Invisible trade is the exchange of services, like paying for a haircut or movie ticket.

4. What was the barter system?

• It was an old way of trading goods for other goods without using money.

5. What is wholesale trade?

• Wholesale trade is buying large amounts of goods from producers to sell to retailers.

6. What is retail trade?

• Retail trade is selling small amounts of goods directly to consumers.

7. What is domestic trade?

• Domestic trade is buying and selling within the same country.

8. What is international trade?

• International trade is the exchange of goods and services between different countries.

9. What is an export?

• An export is selling goods produced in excess to another country.

10. What is an import?

• An import is buying goods from another country that are scarce locally.

11. What is a favourable balance of trade?

• It’s when a country’s exports are worth more than its imports.

12. What is an unfavourable balance of trade?

• It’s when a country’s imports are worth more than its exports.

13. What does WTO stand for?

• WTO stands for World Trade Organisation.

14. Where is the headquarters of OPEC?

• OPEC’s headquarters is in Vienna, Austria.

15. How many member countries does SAARC have?

• SAARC has 8 member countries.

16. What is the main goal of ASEAN?

• ASEAN aims to promote economic growth and peace in Southeast Asia.

17. What does marketing do for a product?

• Marketing promotes a product to increase its demand and price.

18. Who is a consumer?

• A consumer is someone who buys and uses goods or services.

19. What is bilateral trade?

• Bilateral trade is trade between two countries.

20. What is the role of packaging in marketing?

• Packaging makes a product attractive and helps it sell better.

Long Questions

1. Why is trade important for people’s lives?

• Trade is important because it helps people get goods and services they need but can’t produce themselves, like apples from Jammu to other states. It connects regions and countries, making life easier by meeting demands with supplies.

2. How did the barter system work in the past?

• In the barter system, people traded goods directly, like exchanging grains for oil, without using money. It was common in ancient times but had problems because it was hard to agree on fair values.

3. What is the difference between visible and invisible trade?

• Visible trade involves physical goods, like buying vegetables, while invisible trade is about services, like paying a doctor for advice. Both are types of trade but one you can see, and the other you can’t.

4. How does wholesale trade differ from retail trade?

• Wholesale trade means buying large amounts from producers to sell to retailers, like mangoes from farmers to traders. Retail trade is selling smaller amounts directly to consumers, like a shopkeeper selling to you.

5. Why does international trade happen between countries?

• International trade happens because some countries have extra goods, like oil in Saudi Arabia, while others need them. It helps balance supply and demand across the world, like wheat from Canada to Asia.

6. What is the balance of trade and why does it matter?

• The balance of trade is the difference between a country’s export and import values, showing if it earns or spends more. It matters because a favourable balance means more money coming in, helping the economy grow.

7. How does the World Trade Organisation (WTO) help trade?

• The WTO provides a place for countries to talk about trade rules and solve problems, making trade fairer. It also helps developing countries by giving them technical support and training.

8. Why is marketing important for farmers like Dhondiba?

• Marketing helps farmers get better prices by presenting their products well, like Dhondiba’s son did with packaging and selling to supermarkets. It increases demand and value, making farming more profitable.

9. What is the role of international trade organisations like OPEC?

• Organisations like OPEC control trade of specific goods, such as oil, to keep prices stable and fair for member countries. They help countries work together and avoid trade conflicts.

10. How can good packaging and advertising help sell a product?

• Good packaging makes a product look attractive, and advertising tells people why they need it, like Dhondiba’s vegetables in the mall. Together, they increase sales by catching customers’ attention and trust.