UGRD-MKTG6392 Export Marketing

(Elective 4)
Prefinals Quiz 2

Question 1
Correct

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The North American Free Trade Agreement (NAFTA) is the most powerful trade bloc in the
world.
Select one:

True 

False

Question 2
Correct

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NAFTA original purpose was to preserve peace among its member nations and to respond
to the communist threat in the region from china.
Select one:

True
 False 

Question 3
Correct

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GSTP  was signed by 88 developing countries including India those were the members of
group 77
Select one:

True

False 

Question 4
Correct

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Economic Union It is the highest degree of economic integration.
Select one:

True 

False

Question 5
Correct

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 Flag question

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Common Fisheries Policy main aims of this policy is improving the agricultural production
and to improve the position of the EU formers.
Select one:

True

False 

Question 6
Correct

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International marketing is one major area/aspect of international marketing as export
marketing deals with exports while export marketing is broader in scope and deals with
imports and exports.
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True

False 

Question 7
Correct

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Question text
Under the mixing quota, the producers are obliged to utilized domestic raw materials up to
a certain proportion in the manufacturing of a finished product.
Select one:

True 

False

Question 8
Correct

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The Uruguay round was launched at Uruguay in 1995
Select one:

True

False 

Question 9
Correct

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1948 GATT came into force to liberalise world trade.
Select one:

True 

False
Question 10
Correct

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 Specific duty is based on the physical characteristics of goods.
Select one:

True 

False