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1
General electric follows . . . . . . . . as its international operational strategy.
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Answer: Option D
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2
Which of the following agreement ended Bretton Woods Agreement?
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Answer: Option B
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3
Which of the following is not a subsidy box as per AoA?
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Answer: Option D
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4
An appropriate strategy for a company seeking limited form of participation in global market is
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Answer: Option B
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5
Which of the following statements are true?
1. WTO rules are mainly applied to trade in goods but other areas such as services, intellectual property etc are not covered by them.
2. GATT had contracting parties, whereas WTO has members.
3. The dispute settlement system under WTO is much more efficient, speedy and transparent unlike the GATT system which was highly susceptible to blockages.
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Answer: Option B
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6
The trade theory of absolute advantage was developed by
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Answer: Option C
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7
Which theory explores the possibility of two nation operating at the same level of efficiency, benefiting by trading with each other?
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Answer: Option B
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8
Which of the following is not the items of capital account?
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Answer: Option B
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9
Which of the following explain costs of FDI to home country?
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Answer: Option D
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10
The undernoted items may be categorised into which one of the following?
Export quota, exchange control, profit remittance restrictions, subsidies, government procurement.
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Answer: Option C
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