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

A. offset the margin of dumping

B. punish domestic consumers for buying high priced imported goods

C. discourage foreign governments from subsidising their exporters

D. reduce the tariff revenue of the domestic government

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

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

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

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

A. A general agreement among Common Market Countries on technical training and mutual prices of traded goods

B. The maintenance of intellectual property rights and patent rights of member countries

C. An improvement in the USA's terms of trade in the next decade

D. A reduction in tariffs through negotiation, elimination of import quotas and globalization of international trade

A. David Ricardo

B. Karl Marx

C. Adam Smith

D. F. A. Walker

A. It focused on industrialisation

B. It emphasised on free flow of capital

C. It enhance unemployment

D. None of the above

A. SAARC

B. ASEM

C. ASEAN

D. CBDT

A. 2, 3, 4 and 5

B. 1, 2, 3, 4 and 5

C. 1, 3, 4 and 5

D. 1, 3 and 5

A. Monetary policy

B. Fiscal policy

C. Budget

D. Foreign trade policy

A. Merchandise exports

B. Merchandise imports

C. Both A and B

D. Neither A nor B

A. Multinational enterprise

B. Multinational efficiency

C. Multinational company

D. None of these