International Business - International Business Section 3

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1. The entry of imports from the rest of the world into the low-tariff member of a free trade area to avoid the higher tariffs of other members is called

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2. Match List-I with List-II and select the correct answer using the codes given below the lists:

List-1List -2
(Measure towards Globalization)(Globalization)
b. Off SharingII. FEMA
c. FEMAIII. Liberalize the inflow of FDI
d. Mr. Arthol DunkalIV. Uruguay Round

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3. Match List-I with List-II and select the correct answer using the codes given below the lists:

List-IList-II
a. Merchandise exportsI. purchase of foreign goods
b. Merchandise importsII. sales of goods Abroad
c. Investment IncomeIII. Largely caused by an excess of imports in merchandise
d. Balance of payment deficitsIV. Dividends interest etc. received from abroad

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4. Match List-I with List-II and select the correct answer using the codes given below the lists :

List-IList-II
a. IBRDI. Uruguay Round
b. WTOII. ECAFE
c. ADBIII. Bretton Wood
d. IDAIV. Established by World Bank

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5. A debit balance of payments occurs due to
(i) Low imports and high exports
(ii) High imports and Low exports

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  • International Business Multiple Choice questions can be used for the preparation of quizzes by any commerce student.
  • International Business Multiple Choice questions answers can be used in the preparation of UGC net commerce exams.
  • International Business Multiple Choice questions answers can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
  • This section can also be used by  Environment students for improving their knowledge in International Business.
  • These Multiple Choice questions can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in International Business.

International Business Multiple Choice questions
International Business important Questions
International Business mcq Questions