1. For a country the wages are called a) Import b) export c) wealth 2. A wealth of a country largely comes from its a) Employment rate b) education c) export 3. The value of import and export set against one another is called a) Balance of payments b) trade and commerce c) accountments 4. If a country buys more than it sells abroad, it is said to have a) Positive balance b) negative balance c) balance of payments 5. Which one is the currency of 16-member states of European union a) Dollar b) riyal c) euro 6. In 2001 pakistanis living abroad sent home about a) $2 billion b) $3 billion c) $4 billion 7. The oldest means of transport is a) Railways b) road c) planes 8. Different forms of transport in Pakistan have changed since a) 2000 b) 1980 c) 1990 9. The first mass transit means of transport is a) Railway b) road c) air travel 10. Two types of ship are most important commercially today a) Oil tanker and container ship b) cargo ships c) passenger ships 11. Pipelines needs a booster station about every a) 100 km b) 80 km c) 90 km 12. Pipelines are __________ to build a) Cheap b) expensive c) easy 13. The most quick and convenient means of transport is a) Ships b) railways c) air planes 14. An oil tanker can carry __________ liters of oil a) 400 million b) 550 million c) 500 million 15. A television is means of a) Communication b) transport c) both a & b