Q121
Open questionImportant factors considered in international product life cycle theory are
Select an option to see the answer and solution.
Management · all questionsForeign Trade Policy
Foreign Trade Policy
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
282
Questions
7/15
Page
Pick an option on a question to see the right answer and solution.
Q122
Open questionWhich of the following is part of current account?
Select an option to see the answer and solution.
Q123
Open questionWhich of the following institutions is not part of the World Bank community?
Select an option to see the answer and solution.
Q124
Open questionWhich of the following statement(s) is/are incorrect?
Select an option to see the answer and solution.
Q125
Open questionAs per the AoA agreement, the developing countries need to cut tariffs . . . . . . . . in years by . . . . . . . .%. Whereas, the developed countries are are required to cut tariffs in . . . . . . . . years by . . . . . . . .%.
Select an option to see the answer and solution.
Q126
Open questionThe agreement signed by Ranbaxy Laboratory and Bayer A. G. of Germany in the year 1999 is an example of
Select an option to see the answer and solution.
Q127
Open question". . . . . . . . is a statement showing a country's commercial transaction with the rest of the world. It shows inflow and outflow of foreign exchange. It is divided into current and capital accounts. The former records the transaction in goods and services."
Select an option to see the answer and solution.
Q128
Open questionLeontief Paradox criticises which of the following theories?
Select an option to see the answer and solution.
Q129
Open questionWhich among the following firms having foreign trade qualifies for financial assistance under the Market Development Assistance (MDA) Scheme?
Select an option to see the answer and solution.
Q130
Open questionGiven below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer.
Assertion (A) Growing proportion of the world output is traded internationally, causing faster growth of trade among nations.
Reason (R) This situation is bringing world economic integration, which is reinforced by cross border capital flows and regional blocks.
Assertion (A) Growing proportion of the world output is traded internationally, causing faster growth of trade among nations.
Reason (R) This situation is bringing world economic integration, which is reinforced by cross border capital flows and regional blocks.
Select an option to see the answer and solution.
Q131
Open questionA patient travelling to India for medical treatment falls under which mode of supply of service?
Select an option to see the answer and solution.
Q132
Open questionWhich of the following are engaged in external influence?
Select an option to see the answer and solution.
Q133
Open questionMatch the following with respect to the negative list of imports.
| List-I | List-II |
| a. Freely importable | 1. They are the items that are allowed to be imported by specific public sector agencies |
| b. Prohibited list | 2. These are the items which are allowed to be imported only after importing license by the actual users of the import |
| c. Restricted list | 3. It comprises of items that are totally banned |
| d. Canalised list | 4. There are no quantitative restriction |
Select an option to see the answer and solution.
Q134
Open questionWhich country leads the maximum inflowof FDI in India?
Select an option to see the answer and solution.
Q135
Open questionIn balance of payment accounts, all goods exported and imported are recorded in
Select an option to see the answer and solution.
Q136
Open questionArrange the following steps of 'international product life cycle theory' in a correct order.
1. Maturity stage
2. Introductory stage
3. Decline stage
4. Growth stage
1. Maturity stage
2. Introductory stage
3. Decline stage
4. Growth stage
Select an option to see the answer and solution.
Q137
Open questionQuantitative restrictions refer to limit set by countries to curb
Select an option to see the answer and solution.
Q138
Open questionIn international marketing, export documentation framework engulfs which one of the following?
Select an option to see the answer and solution.
Q139
Open questionMatch 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 |
Select an option to see the answer and solution.
Q140
Open questionThe current account is made up of visibles and . . . . . . . .
Select an option to see the answer and solution.