Business Environment And International Business - Study Mode
[#211] Which of the following is the updated version of NAFTA that was signed in 1994?
Correct Answer
(B) United States-Mexico-Canada Agreement
[#212] Match the following. List-I (Organisations of World Bank) List-II (Features) a. Board of Governors 1. Responsible for the conduct of the day to day business of the bank b. Board of Executive Directors 2. It meets annually to cheak out the general policy of the bank c. Advisory Council 3. It meet regularly once a month to carry on the routine working of the bank d. President and other members of staff 4. It is appointed by the Board of Directors
Correct Answer
(B) a-2, b-3, c-4, d-1
[#213] Theories of international trade can be broadly grouped into
Correct Answer
(C) Both A and B
[#214] The following table shows cost per unit of production of two goods, wheat and cloth in 2 countries X and Y with no transportation cost and free trade X (Rs.) Y (Rs.) Wheat 50 350 Cloth 100 500 Which one of the following will take place?
Correct Answer
(D) There is no enough information to comment
[#215] Which of the following statements is/are true in context of dumping?
Correct Answer
(D) Unemployment reduction