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Important Questions

External Trade

Telangana Open School (TOSS) · Class 12 · Business Studies

Most important questions from External Trade for Telangana Open School (TOSS) Class 12 Business Studies board exam 2026. MCQs, short answer, and long answer questions with marks.

45 questions30 flashcards5 concepts

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45 Questions·
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Sample Questions

1multiple choice
1 marks

Visible trade refers to the exchange of:

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Tangible goods

Visible trade involves physical goods that can be seen and touched, such as machinery, food, and clothing.

2multiple choice
1 marks

Invisible trade includes:

Show answer

Shipping and insurance services

Invisible trade involves services like shipping, insurance, and tourism, not physical goods.

3multiple choice
1 marks

Which of the following is a benefit of external trade?

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Improves standard of living

External trade allows countries to access better quality and diverse products, improving people's standard of living.

4multiple choice
1 marks

Entrepot trade means:

Show answer

Importing goods and re-exporting them

Entrepot trade involves importing goods and then exporting them to another country, sometimes with minor processing.

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Frequently Asked Questions

What are the important topics in External Trade for Telangana Open School (TOSS) Class 12 Business Studies?
External Trade covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in External Trade — Telangana Open School (TOSS) Class 12 Business Studies?
Understand the core concepts first, then work through the 45 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in External Trade?
There are 45 practice questions available for External Trade. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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All 20 chapters — Telangana Open School (TOSS) Class 12 Business Studies Important Questions

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