Business Environment And International Business - Study Mode
[#376] Globalization is the term used to describe process of removal of restriction on which of the following?
Correct Answer
(C) Both A and B
[#377] Consider the following statements. Assertion (A): Industrialization of an economy is considered synonymous with growth. Reason (R): The transfer of resources from agrarian to industrial may be capital or labour or both.
Correct Answer
(B) Both (A) and (R) are true, but (R) is not the correct explanation of (A)
[#378] Which one of the following statements is NOT correct?
Correct Answer
(A) Trade between two countries can take place when their supply and demand conditions are identical
[#379] Which of the following is not a part of economic environment?
Correct Answer
(B) Financial market
[#380] All of the following are benefits which all countries gain when adopting a single currency such as Euro, except:
Correct Answer
(C) lower Interest rates