Business Environment And International Business - Practice Test

(A) Money Financed ⇔ Inflation

(B) Bond Financed ⇔ High interest rates

(C) Tax Financed ⇔ Deflation

(D) Externally Financed ⇔ Imports minus Export

(C) Tax Financed ⇔ Deflation

(A) Trade diversion alone

(B) Trade creation alone

(C) Both trade diversion and trade creation

(D) Neither trade diversion nor trade creation

(C) Both trade diversion and trade creation

(A) When there are differences in commodity prices in the two countries

(B) When there is difference in commodities prices

(C) When cost of production of different commodities differ between the two countries

(D) When production functions of the same goods are identical

(A) When there are differences in commodity prices in the two countries

(A) 1 and 2

(B) 2 only

(C) 1 only

(D) Neither 1 nor 2

(A) 1 and 2

(A) 1, 2 and 4

(B) 1 and 3

(C) 2 and 3

(D) 2 and 4

(A) 1, 2 and 4

Business Environment And International Business - Study Mode