Business Environment And International Business - Study Mode
[#186] The equivalence between the effects of a tariff and a quota which limits imports by the same amount depends on the assumption that (1) There are comparative conditions prevailing abroad (2) There is perfect competitive among quota holders (3) There is free competition within the domestic import competing industry Which of the above statements is correct?
Correct Answer
(A) 1 alone is correct
[#187] For which one of the basic reasons, the "Structural Adjustment Programme" was undertaken in India in 1991?
Correct Answer
(C) To deal with the balance of payment crisis in India
[#188] Reason of decline of monetary policy is
Correct Answer
(B) flow of black money
[#189] All business organizations are affected by a number of factors. Which of the following depicts two such broad categories of factors?
Correct Answer
(C) Internal and external
[#190] The World Bank and the IDA are . . . . . . . . International Financial Institutions.
Correct Answer
(B) complementary