Class 12 Geography Chapter 9 International Trade The answer to each chapter is provided in the list so that you can easily browse throughout different chapters SCERT Class 12 Geography Chapter 9 International Trade and select need one.
Class 12 Geography Chapter 9 International Trade
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International Trade
Chapter: 9
PART-1
GEOGRAPHY
TEXTUAL QUESTION & ANSWER
Q.1. The total length of the silk route between Rome and China is
(a) 600 km
(b) 3000 km
(c) 5000km
(d) 6000 km
Ans :- (d) 6000 km
Q.2. Most of the world’s great profits are classified as
(a) Naval ports
(b) Comprehensive Ports
(c) Oil ports
(d) Industrial ports
Ans :- (b) Comprehensive Ports
Q.3. Which one of the following continents has the maximum flow of global trade?
(a) Asia
(b) Europe
(c) North America
(d) Africa
Ans :- (b) Europe
Q.4. Which one of the following South American nations is a part of OPEC?
(a) Brazil
(b) Chile
(c) Peru
(d) Venezuela
Ans :- (d) Venezuela
Q.5. In which of the following trade blocs is India an associate member?
(a) ASEAN
(b) SAFTA
(c) OECD
(d) OPEC
Ans :- (b) SAFTA
VERY SHORT TYPE QUESTION & ANSWER
Q.6. What is the basic function of the World Trade Organisation?
Ans :- The basic function of the World Trade Organisation is to enforce the global rules of trade between nations.
Q.7. What benefits do nations get by forming trading blocs?
Ans :- By forming trading blocs, it encourages trade between countries with geographical proximity, similarity and complementaries in trading items and to curb restrictions on trade of the developing world.
Trading blows generate world trade to the maximum.
Trading blocs developed as a response to the failure of the global organisations to speed up intra-regional trade.
Trading blocs remove trade tariffs within the member nations and encourage free trade.
Q.8. What is a naval port?
Ans :- These are ports which have only strategic importance. These ports serve warships and have repair workshops for them. Examples: Kochi, Karwar.
Q.9. What do you mean by OPEC countries?
Ans :- The full form of OPEC is
Organisation of Petroleum Exporting Countries.”
Q.10. What does the Barter system mean?
Ans :- The system where that goods directly exchange is called the barter system.
Q.11. What is Slave trade?
Ans :- From fifteenth century onwards the European colonialism began and along with trade of exotic commodities, which make a new form of trade and it was called slave trade.
Q.12. What do you understand by Free trade?
Ans :- The act of opening up economies for trading is known as free trade.
Q.13. What is the meaning of Balance of trade?
Ans :- Balance of trade records the volume of goods and services imported as well as exported by a country to other countries. If the value of imports is more than the value of a country’s exports, the country has a negative unfavourable balance of trade.
Q.14. What is the basic function of the World Trade Organisation?
Ans :- The basic function of the world trade organization is it sets the rules for the global trading system and resolves disputes between its member nations.
Q.15. What benefits do nations get by farming trading blocs?
Ans :- By forming trading blocs, it encourages trade between countries with geographical proximity, similarity and complementaries in trading items and to curb restrictions on trade of the developing world.
Trading blows generate world trade to the maximum.
Trading blocs developed as a response to the failure of the global organisations to speed up intra-regional trade.
Trading blocs remove trade tariffs within the member nations and encourage free trade.
Q.16. Name the country with which both the import and export of the USA.
Ans :- India.
Q.17. How much is the value of trade of the USA with Western Europe?
Ans :- 136 (54+82) billion dollars.
Q.18. How much is the value of trade of the USA with Japan?
Ans: 72 billion dollars.
Q.19. What is the balance of trade of the USA with Canada?
Ans :- Balance of trade – 22 billion dollars.
Q.20. What does ‘trade’ mean?
Ans :- Trade is a system by which exchanges of goods and services between two or more persons, villages, states, nations takes place. In other words trade means the voluntary exchange of goods and services.
Q.21. How many parties are required to make trade possible?
Ans :- Two
Q.22. In what category of activities is trade included?
Ans :- Trade is included in tertiary activity.
Q.23. At what levels is trade conducted?
Ans :- Trade generally conducted at two levels
(1) International trade
(ii) National trade
Q.24. What is international trade?
Ans :- When the exchange of goods and services among countries across national boundaries, such trade is termed as International Trade.
Q.25. What do you mean by Bilateral Trade?
Ans :- Bilateral trade is such trade which is done by two countries with each other. They enter into agreement to trade specified commodities
amongst them.
Example : Suppose country “A” may agree to trade some raw material with agreement to purchase some other specified item to country “B” or vice-versa.
Q.26. What is the meaning of Multilateral Trade?
Ans :- The trade which is conducted with many trading countries, called multilateral trade.
Q.27. Why is Trade possible?
Ans :- Trade is possible, because both the sellers and receivers benefited by trade.
Q.28. What is the meaning of a Comprehensive Port?
Ans :- Which port handles bulk and general cargo in large volume is called a comprehensive port.
Q.29. What is an industrial Port?
Ans :- The port specialized in bulk cargo like grain, sugar, ore, oil, chemicals and such materials is termed as an industrial port.
SHORT TYPE QUESTION & ANSWER : (MARKS -3)
Q.30. What is ‘international trade’? Which are the two types of international trade? Give one characteristic of each.
Ans :- International Trades are trade where the exchange of goods and services among countries across national boundaries. Through the International Trade nations export various goods to other countries and carn foreign exchange. In the same way a nation imports various goods or items from other nations.
Through the international trade nations obtain regional specialization, global understanding and cooperation among the nations increases through international trade.
People can enjoy a high standard of living, through international trade competition arises among the producers. Diffusion of knowledge and technology and the services increases through international trade.
International Trades are two types –
(i) Bilateral trade
(ii) Multilateral trade
(i) Bilateral trade : Bilateral trade is such trade which is done by two countries with each other. They enter into agreement to trade specified commodities amongst them.
(ii) Multilateral trade : Multilateral trade is trade which is conducted with many trading countries.
Q.31. What do you mean by barter system? How were the difficulties of this system removed?
Ans :- The initial form of trade in primitive societies was the barter system, where direct exchange of goods took place.
The difficulties of the barter system were overcome by the introduction of money. In the olden times, before paper and coin currency came into being, rare objects with very high intrinsic value served as money, like, flintstones, obsidian, cowrie shells, silver, gold, etc. With the advent of paper coins and paper currency came to be the medium of exchange.
Q.32. Give an account of the history of International trade.
Ans :- The exchange of goods, services and raw materials beyond the national boundaries is termed as international trade.
At the early stage of human civilization, human wants were very limited. Transporting goods over long distances was risky, hence trade was restricted to local markets. Only rich people bought jewellery, costly dresses and this resulted in trade of luxury items.
Gradually with the development of science and technology people from distant places and at time outside their country as a result of the
improvement to transport and communication. The silk route is an example of long distance trade connecting Rome to China.
After Roman empire disintegrated, European commerce grew. European colonialism began and along with trade of exotic commodities, a new form of trade emerged. That is slave trade.
After the industrial revolution the demand for raw materials like grains, meat, wool also expanded, but their monetary value declined in relation to the manufactured goods.
During the world war II and I countries imposed trade tone and quantitative restrictions for the first time.
Q.33. Give the reasons why has international trade been in existence from the time immemorial.
Ans :- The reasons why has international trade been in existence from the time immemorial.
(i) International trade is the result of specialisation in production.
(ii) It benefits the world economy if different countries practise specialisation and division of labour in the production of commodities or provision of services.
(iii) Each kind of specialisation gives rise to trade.
Q.34. Give an explanation of the balance of trade.
Ans :- Balance of trade records the volume of goods and services imported as exported by a country to other countries. It is a balance between export and import. For example, if the value of import of a country is more than the value of export to that country, then the country has an unfavorable balance. Again if the value of export of a country is more than the value of import, then the country has a positive or favorable balance of trade. Positive balance is also known as trade surplus, a negative balance is referred to as a trade of deficit. The balance of trade is sometimes divided into a goods and a service balance.
| Sl. No. | CONTENTS |
| PART-1 | |
| Chapter 1 | Human Geography Nature & Scope |
| Chapter 2 | The World Population Distribution, Density & Growth |
| Chapter 3 | Population Composition |
| Chapter 4 | Human Development |
| Chapter 5 | Primary Activities |
| Chapter 6 | Secondary Activities |
| Chapter 7 | Tertiary and Quaternary Activities |
| Chapter 8 | Transport and Communication |
| Chapter 9 | International Trade |
| Chapter 10 | Human Settlement |
| PART-2 | |
| Chapter 11 | Population Structure of India |
| Chapter 12 | Migration Pattern in India |
| Chapter 13 | Human Resources Department |
| Chapter 14 | Human Settlement of India |
| Chapter 15 | Land Resource and Agriculture |
| Chapter 16 | India’s Water Resources |
| Chapter 17 | Mineral and Fuel Resources in India |
| Chapter 18 | Manufacturing Industries of India |
| Chapter 19 | Planning and Sustainable Development in Indian Context |
| Chapter 20 | Transport and Communication in India |
| Chapter 21 | International Trade |
| Chapter 22 | Problems and Issues Geographical Perspective |
| PART-3 | |
| Chapter 23 | Assam Geography |
Q.35. Briefly discuss the types of international trade.
Ans :- International Trades are trade where the exchange of goods and services among countries across national boundaries. Through the International Trade nations export various goods to other countries and carn foreign exchange. In the same way a nation imports various goods or items from other nations.
Through the international trade nations obtain regional specialization, global understanding and cooperation among the nations increases through international trade.
People can enjoy a high standard of living, through international trade competition arises among the producers. Diffusion of knowledge and technology and the services increases through international trade.
International Trades are two types –
(i) Bilateral trade
(ii) Multilateral trade
(i) Bilateral trade : Bilateral trade is such trade which is done by two countries with each other. They enter into agreement to trade specified commodities amongst them.
(ii) Multilateral trade : Multilateral trade is trade which is conducted with many trading countries.
Q.36. What do mean by regional trade blocs? Explain their major features?
Ans :- Regional trade blocs have come up in order to encourage trade between countries with geographical proximity, similarity and complementarities in trading items.
Features :
(i) They try to remove restrictions on trade of the developing world.
(ii) Today, 120 regional trade blocs generate 52 percent of the world trade.
(iii) These trade blocs have developed because the global organisation has failed to speed up intra-regional trade.
Q.37. Describe the ports as a gateway of international trade.
Ans :- The main gateway of international trade are ports and harbors. Cargoes and travelers pass from one part of the world to another. Through the ports. Port is the main trading centre for every country. The parts pride facilities of docking boding, unloading and the storage facilities for cargo. The port authorities make arrangements for maintaining navigable channels, arranging tugs and barges and providing labour and managerial services. The quantity of cargo handled by a port is an indicator of the level of development of its hint lands.
Q.38. Why is it detrimental for a nation to have Negative Balance of Payment?
Ans :- It is detrimental for a nation to have a negative balance of payments. because the nation spends more on buying goods and earns less by selling its goods to other nations. This would ultimately lead to exhaustion of its financial reserves. In such a situation this may occur.
Q.39. Give an account on the role of the Silk Route in International Trade.
Ans :- The Silk Route is an early example of long-distance trade connecting Rome with China over a distance of 6000 km. The traders transported Chinese silk, Roman wool, and precious metals, and many other high-value commodities from intermediate points in India, Persia, and Central Asia.
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