International Trade
Bayani Gaba-gaba
No country can produce everything its people need. Some nations have oil but no timber; others grow coffee but cannot mine copper. International trade lets countries specialise in what they do best and exchange the rest, raising living standards on every side of the deal.
In this lesson you will explore why countries trade, how visible and invisible trade combine to form a balance of payments, what trading blocs and tariffs mean for businesses, and why exporters face challenges that domestic sellers never encounter. You will also examine the role of multinational corporations and calculate trade balances from given figures - skills that appear regularly on the Commerce papers.
Manufura
- Understand the benefits of international trade
- Understand imports and exports, visible and invisible trade
- Understand balance of trade and balance of payments: calculate balance of trade and balance of payments from given figures, deficits and surpluses
- Understand trading blocs: removal of tariffs within trading bloc, common external tariff, free movement of labour, capital and goods, the impact of trading blocs on countries and businesses
- Understand difficulties facing exporters: language, distance, methods of payment, differing consumer wants, documentation, currency exchange
- Understand multinationals: reasons for the existence of MNCs, advantages and disadvantages of operating as an MNC, the impact of MNCs on host countries
Takardar Darasi
Akwai a cikin manhajar Green Bridge
Zazzage manhajar Green Bridge CBT a wayar ka ko kwamfyuta ka don samun cikakkiyar bayanan darasi, tambayoyin aiki, da ƙari.
Nazarin Darasi
Barka da kammala darasi akan International Trade. Yanzu da kuka bincika mahimman raayoyi da raayoyi, lokaci yayi da zaku gwada ilimin ku. Wannan sashe yana ba da ayyuka iri-iri Tambayoyin da aka tsara don ƙarfafa fahimtar ku da kuma taimaka muku auna fahimtar ku game da kayan.
Za ka gamu da haɗe-haɗen nau'ikan tambayoyi, ciki har da tambayoyin zaɓi da yawa, tambayoyin gajeren amsa, da tambayoyin rubutu. Kowace tambaya an ƙirƙira ta da kyau don auna fannoni daban-daban na iliminka da ƙwarewar tunani mai zurfi.
Yi wannan ɓangaren na kimantawa a matsayin wata dama don ƙarfafa fahimtarka kan batun kuma don gano duk wani yanki da kake buƙatar ƙarin karatu. Kada ka yanke ƙauna da duk wani ƙalubale da ka fuskanta; maimakon haka, ka kallesu a matsayin damar haɓaka da ingantawa.
- Which of the following is an example of invisible trade? A) Exporting cars B) Importing oil C) Selling banking services to a foreign country D) Buying machinery from abroad Answer: C
- The balance of trade is calculated by: A) Total exports minus total imports B) Visible exports minus visible imports C) Invisible exports minus invisible imports D) Exports plus imports Answer: B
- Which of the following is a reason for protectionism? A) To increase consumer choice B) To protect infant industries from foreign competition C) To reduce the price of imported goods D) To encourage more imports Answer: B
- A trading bloc is best described as: A) A single country that dominates world trade B) A group of countries that agree to reduce trade barriers between themselves C) A company that trades in multiple countries D) A government department that controls imports Answer: B
- Which of the following is a difficulty facing exporters? A) Lower transport costs B) Access to unlimited free trade C) Currency exchange rate fluctuations D) Identical consumer preferences worldwide Answer: C
Akwai a cikin manhajar Green Bridge
Zazzage manhajar Green Bridge CBT a wayar ka ko kwamfyuta ka don samun cikakkiyar bayanan darasi, tambayoyin aiki, da ƙari.
Akwai a cikin manhajar Green Bridge
Zazzage manhajar Green Bridge CBT a wayar ka ko kwamfyuta ka don samun cikakkiyar bayanan darasi, tambayoyin aiki, da ƙari.
Littattafan da ake ba da shawarar karantawa
Yi Aikin Tambayoyin Gwaji
Kana son yin aikin tambayoyin gwaji kan International Trade? Sauke manhajar Green Bridge CBT don samun tambayoyin gwaji da cikakkun jarrabawa akan wannan batu.
Sauke Manhajar Daga Google Playstore
Duk abin da kake buƙata don yin fice a JAMB, WAEC & NECO.
