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Industry and Commerce
Trade and Commerce
Selling and buying of goods
Which of the following is not an Economic activity
A doctor practicing
A lawyer practicing law
A professional cricketer playing cricket
A student playing cricket
Where is the headquarters of the World Trade Organization located?
New York, USA
A good or service purchased or brought in from another country is called.
The main reason for International Business is..
Scarcity can be best defined as
A shortage of product
Where demand is greater than supply
Unlimited wants v/s Limited resources
Limited wants v/s Unlimited resources
Which of the following is a need
Profit is equal to:
Income minus expenses
Receipts minus expenditures
Inflows minus outflows
Capital minus Cash