Q421
Open questionWhich article of the NAFTA agreement outlines its purpose?
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Commerce · all questionsBusiness Environment and International Business
Business Environment and International Business
practice.
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Q422
Open questionWhich of the following statements is/are incorrect?
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Q423
Open questionWhich of the following are not components of BoP account?
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Q424
Open questionWhich of the following can be termed as the tax shifting?
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Q425
Open questionWhich of the following statement is/are correct
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Q426
Open questionAssertion (A): Special Drawing Rights (SDRs) have the characteristics of an international currency.
Reason (R): SDRs were introduced to increase international liquidity.
Reason (R): SDRs were introduced to increase international liquidity.
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Q427
Open questionThe 'Terms of Trade' (ToT) refer to the following statement
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Q428
Open questionMatch the following.
| List-I | List-II |
| a. Internal environment | 1. Skilled labour |
| b. External environment | 2. Financial and physical resources |
| c. Financial resources | 3. Customer and competitor |
| d. Human resources | 4. Financial and profitable use of funds |
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Q429
Open questionMatch the following with the year of establishment.
| List-I | List-II |
| a. World Trade Organization | 1. 1993 |
| b. Uruguay Round Negotiation | 2. 1995 |
| c. WTO - Trade Policy Review Body | 3. 1997 |
| d. The Patents (Amendment) Act | 4. 1999 |
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Q430
Open questionWhich of the following statement(s) is/are correct?
1. Profit advantage is objective of international business.
2. International business helps in removing domestic market constraints.
3. International business shrink business risk.
1. Profit advantage is objective of international business.
2. International business helps in removing domestic market constraints.
3. International business shrink business risk.
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Q431
Open questionWhich one of the following service is not covered under Consumer Protection Act?
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Q432
Open questionThe balance of payment is an . . . . . . . . system.
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Q433
Open questionBusiness conglomerates have different names in different countries. Which country's conglomerates are called 'Chaebols'?
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Q434
Open questionWhich of the following expressions amount to the import restriction measures?
(i) currency control
(ii) establishment of EPZs
(iii) tariff cuts
(iv) imposition of tariffs
(v) imposition of non-tariff barriers
(i) currency control
(ii) establishment of EPZs
(iii) tariff cuts
(iv) imposition of tariffs
(v) imposition of non-tariff barriers
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Q435
Open questionWhat is the importance of globalisation for multinational firms?
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Q436
Open questionWhich of the following statements is/are incorrect?
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Q437
Open questionIf a country has deficit in balance of current account, balance of capital account will be
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Q438
Open questionConsumers have the right:
(i) to be protected against goods and services that are hazardous to life and property
(ii) to be assured, wherever possible, of access to a variety of goods and services at national price.
(i) to be protected against goods and services that are hazardous to life and property
(ii) to be assured, wherever possible, of access to a variety of goods and services at national price.
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Q439
Open questionMatch the items of List-I with items in List-II and select a correct answer:
| List-I | List-II |
| a. Current account | 1. Official capital |
| b. Capital account | 2. Reserves from foreign countries |
| c. Unilateral payments | 3. Reparations |
| d. Official statement account | 4. Visible exports and imports |
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Q440
Open questionGlobalisation is a process of integration of world economics to realise the benefits of geography, demography, cost and efficiency. Which three characteristics represent globalisation?
1. Increasing space
2. Shrinking space
3. Strengthened borders
4. Shrinking time
5. Disappearing borders
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1. Increasing space
2. Shrinking space
3. Strengthened borders
4. Shrinking time
5. Disappearing borders
Select the correct answer using the options given below
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