Business Environment and International Business MCQ Questions and Solutions with Explanations | Commerce

A. Article 103

B. Article 101

C. Article 102

D. Article 104

A. WTO helps to protect environment

B. WTO applied to trade in merchandise goods

C. Both A and B

D. None of the above

A. Current A/c

B. Capital A/c

C. Official reserves

D. Profit and Loss A/c

A. To bear the tax burden himself

B. To shift the tax burden on others

C. To bear some part of the tax himself and shift the rest on others

D. None of these

A. Globalisation implies integration of the economy of the country with rest of the world economy

B. Globalisation focussed on industrialisation

C. Both A and B

D. None of the above

A. Both A and R are individually true and R is the correct explanation of A

B. Both A and R are individually true, but R is NOT the correct explanation of A

C. A is true but R is false

D. A is false but R is true

A. the excess of import expenditures over export earnings

B. trade agreements

C. the ratio between export prices and import prices

D. the terms and conditions on which a country is offered loan in the event of balance of payments difficulties

A. a-2, b-3, c-4, d-1

B. a-2, b-4, c-1, d-3

C. a-3, b-1, c-2, d-4

D. a-4, b-3, c-2, d-1

A. a-1, b-3, c-4, d-2

B. a-1, b-4, c-3, d-2

C. a-2, b-1, c-3, d-4

D. a-4, b-2, c-1, d-3

A. Only 1

B. Only 2

C. Both 1 and 2

D. All of the above