According to which theory one country may be more efficient in producing a particular goods than another country and that another country may be capable of producing some other goods more efficiently than the first one?
Which of the following statement are correct?
1. Contractual agreements as global market entry involve a transfer of trademarks or human skills.
2. When one company acquires another, the one acquired becomes a subsidiary of the acquiring company.
3. In international business, all the operations are conducted on a very huge scale.
Which combination of the following factors has driven globalisation in the recent past?
1. Growth of multinational corporations.
2. Internationalisation of finance.
3. Increased international trade.
Select the correct answer
In terms of the increasing competitions, among the MNCs, rank the followings in the ascending order.
1. Mobile technology
2. Business intelligence
3. Cloud computing
4. Social media
Select the correct answer
Which of the following statements are true with respect to current account deficit?
1. The current account deficit is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.
2. The current account includes net income, such as interest and dividends and transfers, such as foreign aid.
3. Dividends and incomes components make up only a small percentage of the total current account.