Business Environment and International Business MCQ Questions and Solutions with Explanations | Commerce
Business Environment and International Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business Environment and International Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-2 section-1
Each section contains 100 MCQs on
Business Environment and International Business .
Possible impact of WTO on various aspects of the Indian economy.
1. Quantitative restriction will be allowed.
2. Secondhand cars will be imported.
3. There will be dumping of Chinese goods.
4. Increase in population.
5. Child labour exploitation.
6. Unemployment will increase.
Which of the combination is correct?
Which combination of the following is correct with regard to World Trade Organisation (WTO)?
1. WTO initiates peace process among the member countries to enhance international trade.
2. WTO avoids the task of 'Settlement of Disputes' among the member countries.
3. WTO administers the 'Trade Review Mechanism'.
4. WTO cooperates in an appropriate manner with the IMF and the World Bank.