Foreign Trade Policy Page-8 section-3

Section 1 Section 2 Section 3

71.
Arrange the following in correct sequence of import procedure.
1. Pre-import procedures are followed
2. Legal dimension of import procedure are checked
3. Retirement of import documents
4. Custom clearance for imported goods
5. Warehousing the goods
6. Import follow-up

A. 1, 2, 4, 3, 5, 6

B. 1, 2, 3, 4, 5, 6

C. 1, 3, 2, 4, 5, 6

D. 1, 4, 2, 3, 5, 6

Answer & Solution Discuss in Board Save for Later

72.
When foreign companies undertake activities that are not similar but related to the key activities performed by the home country company, it is termed as

A. vertical FDI

B. horizontal FDI

C. conglomerate FDI

D. None of the above

Answer & Solution Discuss in Board Save for Later

73.
Which of the following are covered under TRlPS agreement?

A. patents, designs, trademarks, copyrights

B. Geographical Appellations of Origin

C. Trade Secrets and Layout of Integrated Chips

D. All of the above

Answer & Solution Discuss in Board Save for Later

74.
Regional trading block agreement among USA, Canada and Mexicois formed and named by which one of the following?

A. North American Free Trade Region

B. North American Free Trade Agreement

C. North and Central American Free Trade Agreement

D. North American Free and Tariff Trade Agreement

Answer & Solution Discuss in Board Save for Later

75.
Which of the follwing statements are correct with respect to exporting?

A. Large scale operations

B. Integration of economies

C. Dominated by MNCs and developed nations

D. All of the above

Answer & Solution Discuss in Board Save for Later

76.
Which of the following are the principles of WTO?

A. MFN

B. National Treatment

C. Free Trade

D. All of the above

Answer & Solution Discuss in Board Save for Later

77.
An attribute that doesn't contribute to Porters Diamond model is

A. government

B. organised trade union

C. factor conditions

D. demand conditions

Answer & Solution Discuss in Board Save for Later

78.
A widely used indicator to differentiate developed countries from developing countries is

A. international trade per capita

B. real income per capita

C. unemployment per capita

D. calories per capita

Answer & Solution Discuss in Board Save for Later

79.
Which of the following are major objectives that engage companies in international business?

A. To expand sales

B. To acquire resources

C. To diversify sources ofsales and supplies

D. All of the above

Answer & Solution Discuss in Board Save for Later

80.
With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they?

A. The GATI and the Agreement on Subsidies and Countervailing Measures

B. The Reform Treaty and the Treaty of Rome

C. The North American Free Trade Agreement and the Organisation ofAmerican States Charter

D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9

Foreign Trade Policy

71. Arrange the following in correct sequence of import procedure. 1. Pre-import procedures are followed 2. Legal dimension of import procedure are checked 3. Retirement of import documents 4. Custom clearance for imported goods 5. Warehousing the goods 6. Import follow-up

Answer & Solution

72. When foreign companies undertake activities that are not similar but related to the key activities performed by the home country company, it is termed as

Answer & Solution

73. Which of the following are covered under TRlPS agreement?

Answer & Solution

74. Regional trading block agreement among USA, Canada and Mexicois formed and named by which one of the following?

Answer & Solution

75. Which of the follwing statements are correct with respect to exporting?

Answer & Solution

76. Which of the following are the principles of WTO?

Answer & Solution

77. An attribute that doesn't contribute to Porters Diamond model is

Answer & Solution

78. A widely used indicator to differentiate developed countries from developing countries is

Answer & Solution

79. Which of the following are major objectives that engage companies in international business?

Answer & Solution

80. With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they?

Answer & Solution

Read More Section(Foreign Trade Policy)

71.
Arrange the following in correct sequence of import procedure.
1. Pre-import procedures are followed
2. Legal dimension of import procedure are checked
3. Retirement of import documents
4. Custom clearance for imported goods
5. Warehousing the goods
6. Import follow-up

72.
When foreign companies undertake activities that are not similar but related to the key activities performed by the home country company, it is termed as

73.
Which of the following are covered under TRlPS agreement?

74.
Regional trading block agreement among USA, Canada and Mexicois formed and named by which one of the following?

75.
Which of the follwing statements are correct with respect to exporting?

76.
Which of the following are the principles of WTO?

77.
An attribute that doesn't contribute to Porters Diamond model is

78.
A widely used indicator to differentiate developed countries from developing countries is

79.
Which of the following are major objectives that engage companies in international business?

80.
With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they?