Question : Import tax is an example of which of the following?

Option 1: Foreign trade

Option 2: Trade Barrier

Option 3: Economic growth

Option 4: Globalisation

Question : The ratio of the area of an equilateral triangle and that of its circumcircle is:

Option 1: $2\sqrt3:2\pi$

Option 2: $4:\pi$

Option 3: $3\sqrt3:4\pi$

Option 4: $7\sqrt2:2\pi$

Question : A Trade Policy consists of

Option 1: Export-Import Policy

Option 2: Licencing Policy

Option 3: Foreign Exchange Policy

Option 4: Balance of Payment Policy

Question : An economy which does not have any relation with the rest of the world is known as

Option 1: Socialist economy

Option 2: Closed economy

Option 3: Open economy

Option 4: Mixed economy

Question : An economy in which there are no flows of labour, goods, or money to and from other nations is ____.

Option 1: Slow economy

Option 2: Mixed economy

Option 3: Closed economy

Option 4: Open economy