Foreign Trade Policy - Practice Test

(A) 3

(B) 5

(C) 4

(D) 6

(C) 4

(A) Both the IMF and IBRD have headquarters in Washington

(B) Both IMF and World Bank are the known as the Bretton Woods Twins

(C) IBRD is known as World Bank also

(D) India's vote share in the International Monetary Fund is 10%

(D) India's vote share in the International Monetary Fund is 10%

(A) Competitive theory

(B) Porters diamond model

(C) Theory of mercantilism

(D) Product life cycle theory

(D) Product life cycle theory

(A) current account and capital account

(B) visible account and invisible account

(C) long-term capital account and short-term capital account

(D) none of the above

(A) current account and capital account

(A) New products take time to become known globally

(B) Domestic companies competitors, suppliers and customers have become international

(C) Both A and B

(D) None of the above

(B) Domestic companies competitors, suppliers and customers have become international

Foreign Trade Policy - Study Mode