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-3 section-3
Each section contains 100 MCQs on
Business Environment and International Business .
Consider the following statements. Statement I: During the period of prosperity changes in incomes of the people and prices of goods affect exports and imports of goods and thereby influence the balance of payments. Statement II: Cyclical disequilibrium is caused by the fluctuations in the economic activity or what are known as trade cycles.
With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
(i) Balance of trade
(ii) Foreign assets
(iii) Balance of invisibles
(iv) Special Drawing Right
For the following statements of Assertion (A) and Reason (R), indicate the correct answer: Assertion (A): Liberalization means corporatization of departmental undertakings and public undertakings. Reason (R): Freedom to public sector undertakings to access capital market.
World Trade Organization is the only global international organization dealing with the rules of trade between nations. Which of the following statements support this? Statement I: At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. Statement II: The goal is to ensure that trade flows as smoothly, predictably and freely as possible.
According to which of the following management thinkers, business environment is defined as total of all things external to firms and industries which effect their organization and operations?
