Export, Import and Trade Between in India and Brazil

Q. Which factors attract more tourists to Brazil?

Q. Which of the following statements are correct which relates to the trade charts of India and Brazil, given below?

1. In the year 2009-10, Brazil had the most positive balance of trade.
2. In the year 2011-12, India had the most unfavourable trade.
3. In the year 2011-12, India did most exports.
4. Brazil had increased its imports every year.

Q. Identify the things imported by India?

1. Tea
2. Mangoes
3. Gems
4. Jewellery
5. Petrol
6. Chemicals
7. Machinery
8. Leather

Q. Identify the things exported by Brazil?

1. Iron ore
2. Coffee
3. Mineral oil
4. Cocoa
5. Cotton
6. Sugar
7. Tobacco
8. Lubricants

Q. Market is the act of buying and selling goods and services.

1. True
2. False

Q. What is the process of selling goods and services to other nations called?

1. Positive trade
2. Imports
3. Exports
4. Balance of trade