Business Environment and International Business MCQs with Answers 2027

Q321

What type of trade impact is encouraged when nations of a regional trading bloc try to harmonize economic policies and standards within member nations and reducing prices as trade restrictions are removed?

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Q322

Open question

Business environment is formed by those institutions and power on which business have . . . . . . . . control.

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Q323

Open question

If a tariff and import quota lead to equivalent increases in the domestic price of steel, then

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Q324

Open question

Consider the following statements.
Statement I: TRIMs agreement refers to conditions or restrictions imposed on foreign investors.
Statement II: TRIMs agreement specifically forbids imposing restrictions on operations of an enterprise which result in protecting domestic products and making imports disadvantageous.

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Q325

Open question

The capital account consists of

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Q326

Open question

Which of the following can be cost of home countries?

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Q327

Open question

Special Economic Zones (SEZ) have been created first time in the:

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Q328

Open question

Which of the following statements are true in context of fiscal policy?
(i) Fiscal policy plays a key role in elevating the rate of capital formation both in the public and private sectors.
(ii) Fiscal policy helps mobilize considerable amount of resources for financing its numerous projects through taxation.
(iii) Fiscal policy helps in providing stimulus to elevate the savings rate.
(iv) Fiscal policy gives adequate incentives to the private sector to expand its activities.
(v) Fiscal policy aims to minimize the imbalance in the dispersal of income and wealth.

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Q329

Open question

The most important assumption in the Heckscher-Ohlin theory of international trade?

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Q330

Open question

Which of the following is the objective of WTO?

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Q331

Open question

If the consumer price index rises, it shows that:

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Q332

Open question

Which of the following are major objectives that engage companies in international business?

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Q333

Open question

Consider the following statements about the Foreign Trade Policy 2015-20 are correct?
(1) This policy focuses on boosting exports and create jobs while supporting the Centre's 'Make in India and Digital India' programs.
(2) The new policy is to create architecture for the Indian economy so that it can gain global competitiveness and promote the diversification of Indian export.
(3) The policy is to move towards paperless working in 24 × 7 environments.
(4) The policy comes at a time when export growth contracted 15% in February 2014-15, reporting a negative growth for the third consecutive month.

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Q334

Open question

Globalization is the term used to describe process of removal of restriction on which of the following?

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Q335

Open question

Consider the following statements.
Assertion (A): Industrialization of an economy is considered synonymous with growth.
Reason (R): The transfer of resources from agrarian to industrial may be capital or labour or both.

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Q336

Open question

Which of the following statements is/are incorrect?

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Q337

Open question

Which one of the following statements is NOT correct?

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Q338

Open question

Which of the following is not a part of economic environment?

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Q339

Open question

All of the following are benefits which all countries gain when adopting a single currency such as Euro, except:

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Q340

Open question

Brunei Darussalam joined ASEAN on

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