Business Environment And International Business - Study Mode

[#156] Which one of the following is not the guiding principle of the World Bank regarding its lending operations?
Correct Answer

(D) The bank does expect the borrowing country to spend the loan in a particular country

[#157] Some people say that a regional trade bloc encourages member nations to buy within the regional trading bloc when cheaper sources are available outside. Which of the following type of trade impact is created under such situation?
Correct Answer

(A) Trade Diversion

[#158] Supply of money remaining the same when there is an increase in demand for money, there will be:
Correct Answer

(B) An increase in the rate of interest

[#159] In an economist's view, which of the following perspectives of globalisation is most suitable?
Correct Answer

(D) The growth of international trade and increase in international trade flows

[#160] Heckscher-Ohlin theory explains international trade in terms of
Correct Answer

(B) differences in factor endowments