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

A. Government action, exchange rates, competition and socio-demographic factors

B. Market convergence, competition, exchange rates and cost advantages

C. Cost advantages, government action, economic cycles and competition

D. Market, cost, competition and government policies

A. Globalisation

B. Liberalisation

C. Privatisation

D. All of the above

A. developed nations

B. underdeveloped countries

C. low developed countries

D. All of the above

A. technological innovation

B. market structure

C. Both A and B

D. Neither A nor B

A. David Ricardo

B. Bertil - Ohlin

C. J. S. Mill

D. C. P. Kindleberger

A. A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries

B. A company takes full responsibility for making its goods available in the target market by selling directly to the end-users

C. The companies in two separate sovereigns agree to exchange one set of goods for another set of goods

D. A set of multilateral trade where one of goods and services may be exchanged for another set of goods and services among the trading partners

A. it enables businesses to vary their export prices

B. governments will not have to deflate the economy when balance of payments deficits occur

C. it reduces the cost of acquiring foreign exchange

D. it ensures that businesses never become uncompetitive in international markets

A. Changing preferences

B. Demographics

C. Poverty

D. Techniques

A. spot market

B. forward market

C. future market

D. All of these

A. intangible goods

B. tangible goods

C. human resource

D. intellectual property