Question 11 

pts
International Business involves crossing frontiers and holding
business transactions with 
 
Group of answer choices

Only one country

All of the given options

Two or more countries

Only Two countries

 
Flag question: Question 2
Question 21 pts
Localization involves
 
Group of answer choices

Adaptation

All of the given options

Modification
Alteration
 
Flag question: Question 3
Question 31 pts
Factors of production does not involve
 
Group of answer choices

Capital

Competition

Labor

Land
 
Flag question: Question 4
Question 41 pts
International Business transaction involves
 
Group of answer choices

Multiple Currencies

Dual Currency
Single Currency

All of the given options

 
Flag question: Question 5
Question 51 pts
When did World War I (WWI) start
Group of answer choices

1915

1911

1919

1914
 
Flag question: Question 6
Question 61 pts
--------- was replaced by ………… on 1st January 1995
 
Group of answer choices

WTO, GATT

GATT, WTO
IMF, GATT

IDRD, WTO
 
Flag question: Question 7
Question 71 pts
Globalization 4.0 involves mainly
 
Group of answer choices

Increased competition

Just another version

All of the given options

Disruption of Technology
 
Flag question: Question 8
Question 81 pts
Challenges of globalization includes
 
Group of answer choices

Global marketing & Communication

Culture

Ethical Business Practices

All of the given options

 
Flag question: Question 9
Question 91 pts
In which of the following Indian sectors FDI is not allowed
Group of answer choices

Atomic Energy/Railways

All of the given options

Nidhi Company/Chit Fund

Lottery business
 
Flag question: Question 10
Question 101 pts
MNC is a company that has business operations in atleast --------
country other than its home country.
Group of answer choices
1

Week-02_Quiz

Question 11 pts
Which of the following is the headquarters of World Trade
Organisation (WTO)
 
Group of answer choices

Geneva

Madrid

Paris

New York

Question 21 pts
The number of principal organs of UNO

Group of answer choices

Flag question: Question 3

Question 31 pts
How many members are there in UNO

Group of answer choices

193

184

154

196

Flag question: Question 4

Question 41 pts
When was IMF established

Group of answer choices

1944

1950

1934

1946
Flag question: Question 5
Question 51 pts
What are the sources of IMF fund

Group of answer choices

Quotas

Credit Arrangements

Bilateral Borrowing Arrangements

All of the given options

Flag question: Question 6

Question 61 pts
WTO was created by which round of negotiations

Group of answer choices

Geneva Round negotiations

Tokyo Round negotiations

Annecy Round negotiations

Uruguay Round negotiations

Flag question: Question 7

Question 71 pts
What is the full form of WCO?

Group of answer choices

World Cultural Organization

World Council of Optometry

World Corrosion Organization

World Customs Organization

Flag question: Question 8

Question 81 pts
International Maritime Organization is responsible for
Group of answer choices

Safety and security of ports

Safety and security of ships and shipping staffs

Safety and security of ocean

Safety and security of shipping

Flag question: Question 9

Question 91 pts
What are the values of International Chamber of Commerce

Group of answer choices

All of the given options

Connect, Pioneer, Liberate, Generosity

Connect, Network, Compete, Growth

Connect, Collaborate, Coordinate, Compete

Flag question: Question 10

Question 101 pts
ISO Certification provides assurance on -----------

Quality
Quantity
Country of origin
Required documentation

Quiz 3

Question 1
Outsourcing a part of or entire production and concentrating on
marketing operations in international business is known as
Contract manufacturing
Franchising
Joint venture
Licensing

Question 2
The mode of entry into international business with least risk to
the firm is:

Indirect exports
Direct exports
Management contract
Contract Manufacturing

Question 3
When two or more firms come together to create a new business
entity that is legally separate and distinct from its parents it is
known as

Contract manufacturing
Franchising
Licensing
Joint ventures

Question 4
Which one of the following modes of entry permits greatest
degree of control over overseas operations?

Wholly owned subsidiary

Contract manufacturing
Joint venture
Licensing/franchising

Question 5
Which of the following is NOT a mode of entry into foreign
markets?

Export
Internationalization
Franchising
International joint venture

Question 6
De-internationalization can be the result of two different
processes:

Strategic decision-making and operational decision-making

A forced process and a semi-forced process
Company failure and strategic decision-making
A voluntary process and strategic decision-making
Question 7
Which of the following is not an advantage of exporting?

Easier way to enter into international markets

Limited presence in foreign markets
Comparatively lower risks
Less investment requirements

Question 8
Contract Manufacturing is a form of _________

Acquisition
Joint venture
Licensing
Franchising

Question 9
Which of the following is NOT a strategic alliance?

Cooperative product development

Joint venture
Joint marketing campaign
Merger
Question 10
The average life span for a strategic alliance is about:

3 years
5 years
10 years
7 years

Quiz 4

Question 11 pts
A mixed economy is a combination of:
Capitalism and Socialism
Market and Socialism
Free and Capitalism
None of the given option

Flag question: Question 2

Question 21 pts
What does GDP stand for:

Government Development Program

Government Department of Planning
Gross Domestic Product
None of the given option

Flag question: Question 3

Question 31 pts
Micro-economic factors does not include:

Market Size
Competition
Demand for the product
Purchasing Power Parity

Flag question: Question 4

Question 41 pts
Economic Environment includes:

the nature of the economy

the direction of growth
the availability of resources and market conditions
All the given options

Flag question: Question 5

Question 51 pts
Which indices is used by RBI to measure inflation?

Combined Consumer Price Index (CPI)

Wholesale Price Index
Index of Industrial Production
Product Price Index

Flag question: Question 6

Question 61 pts
BOP refers to:

Money value of a country's imports and exports

Country’s receipts and payments in foreign exchange
None of the given option
Country’s debt balance
Flag question: Question 7
Question 71 pts
Which country ranks first in the list of top ten economies?

Japan
USA
China
UK

Flag question: Question 8

Question 81 pts
India is ranked ----------- in the list of top ten economies year 2022?

Sixth
Third
Fifth
Tenth

Flag question: Question 9

Question 91 pts
What do you mean by Gross National Product?

The total value of goods and services produced in the country and
the net factor income from abroad.
The total value of goods and services produced in the country
The total value of all the transactions in the country
The depreciation in the total value of goods and services produced in
the country

Flag question: Question 10

Question 101 pts
What does “Capitalism” refer to?

Ownership in the hands of few wealthy sections

Government ownership of capital
The market of money
Private ownership of capital goods

Quiz 4

Question 11 pts
Trade Facilitation Agreement was proposed by

Group of answer choices

World Trade Organisation
European Economic Union
The United Nations Conference on Trade and Development
The Association of Southeast Asian Nations

Flag question: Question 2

Question 21 pts
Which of the following is not a trade barrier?

All of the given options

Subsidies
Embargo
Export Security

Flag question: Question 3

Question 31 pts
A form of protection which is often used by countries to protect the
necessities.

Time consuming formalities

Tariffs on imports
Voluntary export restraints
Exchange controls

Flag question: Question 4

Question 41 pts
A situation where any advantage given by one member of the WTO to
another member must be extended to all WTO members.

The trade diversion principle

The most favoured nation principle
The intra-regional principle
The comparative advantage principle

Flag question: Question 5

Question 51 pts
A situation where countries export a product at a price below the cost
of its production.

Group of answer choices

Dumping
Full cost pricing
New protectionism
Price discrimination

Flag question: Question 6

Question 61 pts
A protectionist measure whereby members of a regional trading bloc
agree to impose an identical rate of protection on all goods imported
from non-member countries.
VER agreements
Non-tariff agreement
Common external tariff
Technological standards control

Flag question: Question 7

Question 71 pts
When did Saudi Arabia enter into International Sugar Agreement

February 2022
October 2022
December 2022
August 2022

Flag question: Question 8

Question 81 pts
Cartels are :

Competitors in the same industry

members of different industry
None of the given options
supporters in the same industry

Flag question: Question 9

Question 91 pts
In a cartel:

Firms collude
Firms compete against each other
Price wars are common
Firms use price to win market share from competitors

Flag question: Question 10

Question 101 pts
NAFED, MMTC and IOC are examples of____________

Export Consortium
State Corporations
Merchant Exporter
Canalizing Agencies