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Q. Protection is made available for _ years for patents.

Q. A favourable terms of trade indicates _ imports for given exports

Q. H-o Theory s based on value theory.

Q. The rate at which goods are exchangeed between two countries is called

Q. Two countries can gain from foreign trade if

Q. If the deficits in a country’s BOP persists for a long time it is a case of :

Q. The main objective of trade barriers are _ .

Q. When demand for foreign exchange increases, the exchange rate _.

Q. In BOP, total receipts must be equal to total _ .

Q. Which of these are objectives of import quotas?