Choose the correct option

1) Types of foreign trade
a) Import trade
b) Export trade
c) Entrepot trade
d) Internal trade
Options :
1) a and b
2) a, b and c
3) a, b, c and d
4) None of these
Ans:- 2) a, b and c

2) Export trends of India’s foreign trade includes
a) Engineering goods
b) Gems and Jewellery
c) Textiles and ready-made garments
d) Gold
Options :
1) a and c
2) a, b and c
3) b, c and d
4) None of these
Ans:- 2) a, b and c

3) Role of foreign trade is
a) To earn foreign exchange
b) To encourage investment
c) Lead to division of labour
d) Bring change in composition of exports
Options :
1) a and b
2) a, b and c
3) b and d
4) None of these
Ans:- 2) a, b and c