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Commerce · Q597

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 597

Q597

Match the items of List-II with List-I to identify the correct option which are related to legal forces affecting international marketers. List-I List-II a. Tariff 1. A regulation specifying the proportion of a finished product's components and labour that must be provided by importing country. b. Import Quota 2. Tax imposed on product entering a country and used to protect domestic producers and/or raise revenue. c. Local- content Law 3. A requirement that a product contain or exclude certain ingredients or that it be tested and certified as meeting certain restrictive standards. d. Local operating Law 4. Limiting amount of a particular product that can be brought into a country, to protect domestic industry or broadening access to its markets. e. Standards and Certification 5. A refusal to buy products from a particular company or country. f. Boycott 6. A constraint on how, when or where retailing can be conducted.

Match the items of List-II with List-I to identify the correct option which are related to legal forces affecting international marketers.
List-I List-II
a. Tariff 1. A regulation specifying the proportion of a finished product's components and labour that must be provided by importing country.
b. Import Quota 2. Tax imposed on product entering a country and used to protect domestic producers and/or raise revenue.
c. Local- content Law 3. A requirement that a product contain or exclude certain ingredients or that it be tested and certified as meeting certain restrictive standards.
d. Local operating Law 4. Limiting amount of a particular product that can be brought into a country, to protect domestic industry or broadening access to its markets.
e. Standards and Certification 5. A refusal to buy products from a particular company or country.
f. Boycott 6. A constraint on how, when or where retailing can be conducted.
A.
a-3, b-4, c-2, d-1, e-6, f-5
B.
a-6, b-2, c-1, d-4, e-3, f-5
C.
a-2, b-4, c-1, d-6, e-3, f-5
Answer
D.
a-4, b-6, c-1, d-2, e-3, f-5

Answer: Option C

Solution

Answer: Option C
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