Study the diagram and answer the following questions:




A. Name the country with which both the import and export of the U.S.A. are lowest.

B. How much is the total value of trade of the U.S.A. with Western Europe ?

C. How much is the value of imports of the U.S.A. from Japan?

D. What is the balance of trade of the U.S.A with Canada?

Most of the world’s great ports are classified as:

Which one of the following continents has the maximum flow of global trade?

Which one of the following South American nation, is a part of OPEC?

In which of the following trade blocs is India an associate member?

What is the basic function of the World Trade Organisation?

Why is it deterimental for a nation to have negative balance of payments?

What benefits do nations get by forming trading blocs?

How are ports helpful for trade? Give a classification of ports on the basis of their location.

How do nations gain from international trade?

What are out ports? Define with examples.