What is the term for the policy that regulates a country’s imports and exports with other nations?
a) Fiscal Policy
b) Trade Policy
c) Monetary Policy
d) Welfare Policy
Answer: b) Trade Policy
Which trade policy aims to reduce trade barriers and promote the exchange of goods and services between countries?
a) Protectionist Policy
b) Import Substitution Policy
c) Free Trade Policy
d) Interventionist Policy
Answer: c) Free Trade Policy
What is the term for the policy that imposes taxes on imported goods to protect domestic industries?
a) Export Promotion Policy
b) Import Taxation Policy
c) Tariff Policy
d) Subsidy Policy
Answer: c) Tariff Policy
Which policy involves promoting domestic industries through government support and incentives?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Neutral Trade Policy
Answer: b) Export Promotion Policy
What is the term for the policy that restricts the quantity of imported goods to protect domestic industries?
a) Quota Policy
b) Export Subsidy Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: a) Quota Policy
Which trade policy aims to encourage domestic production and self-sufficiency by limiting imports?
a) Free Trade Policy
b) Protectionist Policy
c) Export Promotion Policy
d) Market Liberalization Policy
Answer: b) Protectionist Policy
What is the term for the policy that provides financial assistance to domestic industries to compete internationally?
a) Export Subsidy Policy
b) Import Quota Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: a) Export Subsidy Policy
Which trade policy aims to protect domestic industries from foreign competition through various measures?
a) Free Trade Policy
b) Protectionist Policy
c) Import Substitution Policy
d) Export Promotion Policy
Answer: b) Protectionist Policy
What is the term for the policy that encourages domestic industries to expand by reducing taxes and regulations?
a) Export Subsidy Policy
b) Import Quota Policy
c) Devaluation Policy
d) Supply-Side Policy
Answer: d) Supply-Side Policy
Which policy involves setting standards and regulations for imported products to ensure safety and quality?
a) Export Promotion Policy
b) Import Regulation Policy
c) Quota Policy
d) Fiscal Policy
Answer: b) Import Regulation Policy
What is the term for the policy that focuses on increasing domestic consumption of locally produced goods?
a) Export Promotion Policy
b) Import Substitution Policy
c) Devaluation Policy
d) Monetary Policy
Answer: b) Import Substitution Policy
Which trade policy aims to open up markets and promote economic integration among countries?
a) Protectionist Policy
b) Interventionist Policy
c) Import Quota Policy
d) Trade Liberalization Policy
Answer: d) Trade Liberalization Policy
What is the term for the policy that involves reducing or eliminating trade barriers such as tariffs and quotas?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Protectionist Policy
Answer: c) Free Trade Policy
Which policy aims to protect domestic industries by imposing higher tariffs on imported goods?
a) Fiscal Policy
b) Export Promotion Policy
c) Import Quota Policy
d) Infant Industry Protection Policy
Answer: d) Infant Industry Protection Policy
What is the term for the policy that aims to increase the competitiveness of domestic industries in global markets?
a) Export Subsidy Policy
b) Import Quota Policy
c) Devaluation Policy
d) Export Promotion Policy
Answer: d) Export Promotion Policy
Which trade policy involves reducing government intervention and promoting market-driven international trade?
a) Protectionist Policy
b) Import Substitution Policy
c) Market Liberalization Policy
d) Export Promotion Policy
Answer: c) Market Liberalization Policy
What is the term for the policy that aims to balance trade by increasing exports and decreasing imports?
a) Fiscal Policy
b) Trade Deficit Policy
c) Trade Balance Policy
d) Monetary Policy
Answer: c) Trade Balance Policy
Which policy involves reducing barriers to foreign investment and encouraging international trade?
a) Protectionist Policy
b) Import Substitution Policy
c) Market Liberalization Policy
d) Export Promotion Policy
Answer: c) Market Liberalization Policy
What is the term for the policy that involves devaluing the national currency to make exports more competitive?
a) Import Quota Policy
b) Devaluation Policy
c) Exchange Rate Policy
d) Import Substitution Policy
Answer: b) Devaluation Policy
Which trade policy focuses on reducing or eliminating trade barriers within a regional group of countries?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Regional Integration Policy
Answer: d) Regional Integration Policy
What is the term for the policy that involves promoting a nation’s goods and services in international markets?
a) Export Promotion Policy
b) Import Substitution Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: a) Export Promotion Policy
Which policy aims to protect domestic industries by limiting imports and promoting local production?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Quota Policy
Answer: a) Import Substitution Policy
What is the term for the policy that focuses on negotiating trade agreements between countries to reduce barriers?
a) Bilateral Trade Policy
b) Import Substitution Policy
c) Multilateral Trade Policy
d) Export Promotion Policy
Answer: c) Multilateral Trade Policy
Which trade policy involves granting preferential trade terms to certain countries or regions?
a) Export Promotion Policy
b) Import Quota Policy
c) Devaluation Policy
d) Trade Preference Policy
Answer: d) Trade Preference Policy
What is the term for the policy that encourages foreign investment and multinational corporations to operate domestically?
a) Import Substitution Policy
b) Export Promotion Policy
c) Foreign Direct Investment Policy
d) Market Liberalization Policy
Answer: c) Foreign Direct Investment Policy
Which policy involves setting standards and regulations for imported products to ensure safety and quality?
a) Export Promotion Policy
b) Import Regulation Policy
c) Quota Policy
d) Fiscal Policy
Answer: b) Import Regulation Policy
What is the term for the policy that aims to balance trade by increasing exports and decreasing imports?
a) Fiscal Policy
b) Trade Deficit Policy
c) Trade Balance Policy
d) Monetary Policy
Answer: c) Trade Balance Policy
Which trade policy aims to encourage exports by providing financial incentives to domestic exporters?
a) Import Subsidy Policy
b) Export Promotion Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: b) Export Promotion Policy
What is the term for the policy that focuses on diversifying exports to reduce dependence on a single market?
a) Import Substitution Policy
b) Export Diversification Policy
c) Devaluation Policy
d) Market Liberalization Policy
Answer: b) Export Diversification Policy
Which policy involves reducing trade barriers and promoting economic integration among neighboring countries?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Regional Integration Policy
Answer: d) Regional Integration Policy
What is the term for the policy that focuses on negotiating favorable trade terms with a specific country?
a) Bilateral Trade Policy
b) Multilateral Trade Policy
c) Export Promotion Policy
d) Import Substitution Policy
Answer: a) Bilateral Trade Policy
Which policy aims to encourage foreign investment and multinational corporations to operate domestically?
a) Import Substitution Policy
b) Export Promotion Policy
c) Foreign Direct Investment Policy
d) Market Liberalization Policy
Answer: c) Foreign Direct Investment Policy
What is the term for the policy that involves granting preferential trade terms to certain countries or regions?
a) Export Promotion Policy
b) Import Quota Policy
c) Devaluation Policy
d) Trade Preference Policy
Answer: d) Trade Preference Policy
Which trade policy focuses on promoting domestic industries through government support and incentives?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Neutral Trade Policy
Answer: b) Export Promotion Policy
What is the term for the policy that aims to increase the competitiveness of domestic industries in global markets?
a) Export Subsidy Policy
b) Import Quota Policy
c) Devaluation Policy
d) Export Promotion Policy
Answer: d) Export Promotion Policy
Which trade policy involves reducing government intervention and promoting market-driven international trade?
a) Protectionist Policy
b) Import Substitution Policy
c) Market Liberalization Policy
d) Export Promotion Policy
Answer: c) Market Liberalization Policy
What is the term for the policy that aims to balance trade by increasing exports and decreasing imports?
a) Fiscal Policy
b) Trade Deficit Policy
c) Trade Balance Policy
d) Monetary Policy
Answer: c) Trade Balance Policy
Which policy involves reducing barriers to foreign investment and encouraging international trade?
a) Protectionist Policy
b) Import Substitution Policy
c) Market Liberalization Policy
d) Export Promotion Policy
Answer: c) Market Liberalization Policy
What is the term for the policy that involves devaluing the national currency to make exports more competitive?
a) Import Quota Policy
b) Devaluation Policy
c) Exchange Rate Policy
d) Import Substitution Policy
Answer: b) Devaluation Policy
Which trade policy focuses on reducing or eliminating trade barriers within a regional group of countries?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Regional Integration Policy
Answer: d) Regional Integration Policy
What is the term for the policy that involves promoting a nation’s goods and services in international markets?
a) Export Promotion Policy
b) Import Substitution Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: a) Export Promotion Policy
Which policy aims to protect domestic industries by limiting imports and promoting local production?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Quota Policy
Answer: a) Import Substitution Policy
What is the term for the policy that focuses on negotiating trade agreements between countries to reduce barriers?
a) Bilateral Trade Policy
b) Import Substitution Policy
c) Multilateral Trade Policy
d) Export Promotion Policy
Answer: c) Multilateral Trade Policy
Which trade policy involves granting preferential trade terms to certain countries or regions?
a) Export Promotion Policy
b) Import Quota Policy
c) Devaluation Policy
d) Trade Preference Policy
Answer: d) Trade Preference Policy
What is the term for the policy that encourages foreign investment and multinational corporations to operate domestically?
a) Import Substitution Policy
b) Export Promotion Policy
c) Foreign Direct Investment Policy
d) Market Liberalization Policy
Answer: c) Foreign Direct Investment Policy
Which policy involves setting standards and regulations for imported products to ensure safety and quality?
a) Export Promotion Policy
b) Import Regulation Policy
c) Quota Policy
d) Fiscal Policy
Answer: b) Import Regulation Policy
What is the term for the policy that aims to balance trade by increasing exports and decreasing imports?
a) Fiscal Policy
b) Trade Deficit Policy
c) Trade Balance Policy
d) Monetary Policy
Answer: c) Trade Balance Policy
Which trade policy aims to encourage exports by providing financial incentives to domestic exporters?
a) Import Subsidy Policy
b) Export Promotion Policy
c) Devaluation Policy
d) Fiscal Policy
Answer: b) Export Promotion Policy
What is the term for the policy that focuses on diversifying exports to reduce dependence on a single market?
a) Import Substitution Policy
b) Export Diversification Policy
c) Devaluation Policy
d) Market Liberalization Policy
Answer: b) Export Diversification Policy
Which trade policy involves reducing trade barriers and promoting economic integration among neighboring countries?
a) Import Substitution Policy
b) Export Promotion Policy
c) Free Trade Policy
d) Regional Integration Policy
Answer: d) Regional Integration Policy
