Business Environment And International Business - Study Mode
[#271] Which of the following statement is/are correct
Correct Answer
(C) Both A and B
[#272] Assertion (A): Special Drawing Rights (SDRs) have the characteristics of an international currency. Reason (R): SDRs were introduced to increase international liquidity.
Correct Answer
(A) Both A and R are individually true and R is the correct explanation of A
[#273] The 'Terms of Trade' (ToT) refer to the following statement
Correct Answer
(C) the ratio between export prices and import prices
[#274] Match the following. List-I List-II a. Internal environment 1. Skilled labour b. External environment 2. Financial and physical resources c. Financial resources 3. Customer and competitor d. Human resources 4. Financial and profitable use of funds
Correct Answer
(A) a-2, b-3, c-4, d-1
[#275] Match the following with the year of establishment. List-I List-II a. World Trade Organization 1. 1993 b. Uruguay Round Negotiation 2. 1995 c. WTO - Trade Policy Review Body 3. 1997 d. The Patents (Amendment) Act 4. 1999
Correct Answer
(C) a-2, b-1, c-3, d-4