Business Environment And International Business - Study Mode
[#276] Which of the following statement(s) is/are correct? 1. Profit advantage is objective of international business. 2. International business helps in removing domestic market constraints. 3. International business shrink business risk.
Correct Answer
(D) All of the above
[#277] Consider the following statements in the context of Trade Related Investment Measures (TRIMs). 1. All restrictions on foreign capital companies are to be scrapped 2. No restriction will be imposed on any area of investment 3. Imports of raw material are to be allowed freely 4. Emport of part of the output will be mandatory Which of the above statements are correct?
Correct Answer
(B) 1, 2 and 3
[#278] Which one of the following is not the basic function of WTO?
Correct Answer
(C) To facilitate the expansion and balanced growth of international trade
[#279] Out of the following which one is not related with WTO?
Correct Answer
(D) TRAI
[#280] Match List-I with List-II and select the correct answer: List-I List-II a. Fiscal policy 1. Mitigation of national hazards b. Technology policy 2. Balance of payment c. Macro-economic policy 3. Fiscal federalism d. Monetary policy 4. Inflation
Correct Answer
(B) a-3, b-1, c-2, d-4