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BC100202278 : Abdul Aziz



Quiz Start Time: 05:02 PM
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Question # 1 of 20 ( Start time: 05:02:41 PM ) Total Marks: 1
In 1948, how many countries sign on GATT
Select correct option:


25


23


26


22



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Because existing theories were bas

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Quiz Start Time: 05:02 PM
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Question # 2 of 20 ( Start time: 05:04:15 PM ) Total Marks: 1
Porter theory is one of the latest theories about international trade and business. Why did Porter present a new theory?
Select correct option:


Because existing theories were not practical


Because existing theories were based on postulates


Because existing theories of international trade told


Because existing theories had nothing to do with inte



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ed on postulates


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BC100202278 : Abdul Aziz



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Question # 3 of 20 ( Start time: 05:05:47 PM ) Total Marks: 1
What is the expressed form of FTAA?
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Free Trade Area of the Asia


Free Trade Agreement of the Asia


Free Trade Agreement of the Americas


Free Trade Area of the Americas



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Question # 4 of 20 ( Start time: 05:07:19 PM ) Total Marks: 1
Which one of the following is an assumption of David Ricardos theory?
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Variable returns to scale


Fixed stock of resources


Difference in exchange of returns


Production rate fluctuation



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Question # 5 of 20 ( Start time: 05:08:39 PM ) Total Marks: 1
Which of the following account records transactions that involve merchandise, export or import of services and investment
income?
Select correct option:


Fixed account


Working account


Capital account


Current account



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BC100202278 : Abdul Aziz



Quiz Start Time: 05:02 PM
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Question # 6 of 20 ( Start time: 05:10:11 PM ) Total Marks: 1
In which country meeting of GATT was called after Uruguay Round?
Select correct option:


Japan


France


Morocco


USA



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Question # 7 of 20 ( Start time: 05:11:35 PM ) Total Marks: 1
When an enterprise goes for FDI in an industry that provides inputs for a firms domestic operations, or it may be FDI in an
industry abroad that sells the outputs of a firms domestic operations. This refers to:
Select correct option:


Licensing


Green-field investment,


Vertical foreign direct investment


Horizontal foreign direct investment



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Question # 8 of 20 ( Start time: 05:13:18 PM ) Total Marks: 1
Who was the founder of Buddhism?
Select correct option:


Pandurang Shastri Athavale


Siddhartha Gautama


Megawati Sukarnoputri


Maharishi Markandeya



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Question # 9 of 20 ( Start time: 05:14:55 PM ) Total Marks: 1
After undertaking FDI, a firm becomes:
Select correct option:


Multidimensional enterprises


Global


Multi domestic enterprises


Multinational enterprises



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Question # 10 of 20 ( Start time: 05:15:49 PM ) Total Marks: 1
What is the expressed form of NAFTA?
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National Armenia Free Trade Agreement


North Australia Free Trade Agreement


North American Free Trade Agreement


North Asian Free Trade Agreement



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Question # 11 of 20 ( Start time: 05:16:36 PM ) Total Marks: 1
Identify a country in which civil law does NOT operate.
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Germany


France


Japan


United Kingdom



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Question # 12 of 20 ( Start time: 05:17:25 PM ) Total Marks: 1
_____________ refers to the arrangement of equipment, furniture and other elements of interior dcor.
Select correct option:


Spatial layout and Functionality


Ambient Conditions


Sign and Symbols


Artifacts



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Question # 13 of 20 ( Start time: 05:18:58 PM ) Total Marks: 1
If a car manufacturer merging with another car manufacturer, then this type of activity refers to which of the following?
Select correct option:


Ownership Advantages


Access to Production Resources


Horizontal Integration


Vertical Integration



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Question # 14 of 20 ( Start time: 05:19:36 PM ) Total Marks: 1
Which one of the following is the true definition of International Business?
Select correct option:


Trading between two parties for gaining profits


Marketing products in more than one country


Business transactions between parties from more tha


Moving business from one country to another



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Question # 15 of 20 ( Start time: 05:20:35 PM ) Total Marks: 1
The transfer of ownership of state property into the hands of private individuals, frequently by the sale of state assets through
an auction is known as;
Select correct option:


Nationalization


Formulization


Privatization


Industrialization



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Question # 16 of 20 ( Start time: 05:21:12 PM ) Total Marks: 1
What does MNC stand for?
Select correct option:


Multinational Company


Multinational Corporation


Multinational Custodian


Multinational Customs



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BC100202278 : Abdul Aziz



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Question # 17 of 20 ( Start time: 05:22:13 PM ) Total Marks: 1
Which one of the following is an international agreement to protect intellectual property?
Select correct option:


Paris Convention for the Protection of Intellectual Pr


Paris Convention for the Protection of Industrial Prop


Paris Convention for the Protection of Actual Propert


Paris Centre for the Protection of Industrial Property



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BC100202278 : Abdul Aziz



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Question # 18 of 20 ( Start time: 05:23:37 PM ) Total Marks: 1
What does MNE stand for?
Select correct option:


Multinational Entrepreneur


Multinational Enterprise


Multinational Entity


Multinational Ethnicity



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BC100202278 : Abdul Aziz



Quiz Start Time: 05:02 PM
Time Left
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Question # 19 of 20 ( Start time: 05:24:27 PM ) Total Marks: 1
In which year Foreign Corrupt Practices Act was applied in United States of America?
Select correct option:


1975


1976


1977


1978



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BC100202278 : Abdul Aziz



Quiz Start Time: 05:02 PM
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Question # 20 of 20 ( Start time: 05:25:27 PM ) Total Marks: 1
United States restrict US firms from undertaking FDI in certain countries especially in Cuba and Iran. Identify the reason
behind this act.
Select correct option:


Social reason


Cultural reason


Economical reason


Political reason



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