Business Environment And International Business - Study Mode
[#251] Investors of FDI are
Correct Answer
(A) active
[#252] Match the following. List-I (Theories of International Trade) List-II (Features) a. Theory of mercantilism 1. It is developed by John Stuart Mill. b. Theory of absolute advantage 2. What each country will export and what it will import is determined by comparative differences in labour costs. c. Theory of comparative cost 3. It refers to the ability of a country to produce a good more. d. Theory of reciprocal demand 4. It attributes and measures the wealth of a nation by the size of its accumulated treasures.
Correct Answer
(A) a-4, b-3, c-2, d-1
[#253] Objective of World Bank does not include
Correct Answer
(C) short-term assistance to member countries
[#254] Theory of comparative advantage is propounded by
Correct Answer
(B) David Ricardo
[#255] Which of the following statements is correct?
Correct Answer
(A) ASEAN was established in Bangkok