MCQ Geography Chapter 9 Trade Class 9 Maharashtra Board 1. What is an unfavorable balance of trade? Exports equal imports Imports exceed exports Exports exceed imports No trade occursQuestion 1 of 202. What is a favorable balance of trade? Imports exceed exports Exports exceed imports Imports equal exports Trade stops completelyQuestion 2 of 203. What is a balanced balance of trade? Exports exceed imports Imports exceed exports Exports and imports are almost equal No imports occurQuestion 3 of 204. What makes international trade more complex than domestic trade? Lack of goods Factors like economy, policies, and currency Small population Limited transportQuestion 4 of 205. What is the headquarters of the World Trade Organisation (WTO)? Brussels, Belgium Geneva, Switzerland Vienna, Austria Jakarta, IndonesiaQuestion 5 of 206. How many member-states does the WTO have? 28 164 13 10Question 6 of 207. What is one aim of the WTO? Controlling oil prices Providing a platform for trade negotiations Establishing a single currency Limiting trade growthQuestion 7 of 208. Where is the headquarters of the European Union (EU)? Geneva, Switzerland Brussels, Belgium Kathmandu, Nepal SingaporeQuestion 8 of 209. How many member-states are in the EU? 8 13 28 21Question 9 of 2010. What is a function of the Organisation of Petroleum Exporting Countries (OPEC)? Promoting regional peace Controlling international crude oil trade Enhancing cultural harmony Providing technical trainingQuestion 10 of 2011. Where is the headquarters of OPEC? Vienna, Austria Shanghai, China Jakarta, Indonesia Kathmandu, NepalQuestion 11 of 2012. How many member-states does SAARC have? 5 8 10 21Question 12 of 2013. What is an objective of SAARC? Free trade in Asia-Pacific Increasing social welfare in South Asia Controlling oil production Establishing a common currencyQuestion 13 of 2014. Where is the headquarters of ASEAN? Singapore Jakarta, Indonesia Brussels, Belgium Vienna, AustriaQuestion 14 of 2015. How many member-states are in ASEAN? 10 13 164 5Question 15 of 2016. What is a goal of APEC? Controlling oil rates Promoting free trade in Asia-Pacific Enhancing social welfare in South Asia Monitoring trade policies globallyQuestion 16 of 2017. Where is the headquarters of BRICS? Shanghai, China Geneva, Switzerland Kathmandu, Nepal SingaporeQuestion 17 of 2018. How many member-states does BRICS have? 8 5 21 28Question 18 of 2019. What helped Dhondiba’s commodities fetch a higher price? Lowering quality Cleaning, packing, and marketing Selling directly to wholesalers Reducing productionQuestion 19 of 2020. What determines the price of a commodity according to the document? Only its production cost Quality, grading, and presentation Government regulations Currency valueQuestion 20 of 20 Loading...
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