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Commerce · all questions

Business Environment and International Business
practice.

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The trade theory of absolute advantage was developed by

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Globalisation can create problems for business because

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Maximization of which of the following should be the main aim of the private organization?

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International trade theory which provides that capital intensive country should export labour intensive goods and import capital goods is referred to as

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Industry boundaries are blurring at an incredible rate as companies are recognizing that the new opportunities lie at the intersection of two or more industries, it is called:

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Tax jurisdiction is an example of which environment factor?

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DFEC stands for:

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According to Charles Brady at Wellington, the main focus of corporate social responsibility should be

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The World Bank is owned by

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World Bank grant loans from

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A situation where any advantage given by one member of the WTO to another member is extended to all WTO members is referred to as

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Keeping in the process of globalization, 'Levitt Thesis' means:

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The Philip's curve shows a:

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Investors of FDI are

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Match the following.
List-I (Theories of International Trade) List-II (Features)
a. Theory of mercantilism 1. It is developed by John Stuart Mill.
b. Theory of absolute advantage 2. What each country will export and what it will import is determined by comparative differences in labour costs.
c. Theory of comparative cost 3. It refers to the ability of a country to produce a good more.
d. Theory of reciprocal demand 4. It attributes and measures the wealth of a nation by the size of its accumulated treasures.

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Objective of World Bank does not include

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Theory of comparative advantage is propounded by

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Which of the following statements is correct?

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In which of the following year, the Articles of Agreement of IMF were changed for the first time

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Match the items of List-I with the items of List-II and select the correct answer with the options given below.
List-I List-II
a. SAARC 1. Philippines
b. ASEAN 2. Canada
c. EU 3. Afghanistan
d. NAFTA 4. Hungary

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