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-8 section-3
Each section contains 100 MCQs on
Business Environment and International Business .
Which combination of the following is correct with regard to World Trade Organization (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.
Consider these two statements.
1. The Identification of five stages of economic integration of European Union in the forms of Free Exchange Area, Customs union, Common market, Economic Union, Economic and Monetary Union.
2. The identification of convergence criteria and Maastricht Treaty type of agreement that laid the foundation of European Union.
Which of the following personality identify such events in 1961?
Both Foreign Direct Investment (FDI) and Foreign Portfolio Investor (FPI) are related to investment in a country. Which one of the following statements best represents an important difference between the two?
Consider the following statements. Assertion (A): The major economic powers have succeeded in creating a new international regime where the profits and the dominance of their transnational corporations will be the decisive consideration. Reason (R): This regime will legitimize the process of progressive erosion of the sovereign economic space of the third-world countries.
