52.
Free trade' means
1. opening different sectors for the FDI inflow.
2. greater competition which, in turn, enhances efficiency.
3. development of new industries.
4. incentives for imports and exports.
Select the correct answer

53.
Which of the following measures are take under TRIMS agreement?
1. Local content requirement
2. Foreign exchange balancing requirements
3. Import restrictions
4. Export performance requirements
5. Trade balancing requirements
Select the correct answer

55.
Challenges before international business such as Base Erosion and Profit Shifting (BEPS), tax avoidance and shifting between a holding company and a subsidiary located in two different tax sovereigns may be resolved by which one of the following?

56.
Which of the following statements is fare correct?

57.
Match the items of List-I with those of List-II and choose the correct answer.
List-I List-II
a. Greenfield investments 1. Unique product or services sold in domestic market targeting international markets through its customers
b. Turnkey projects 2. Typical North-American process for rapid market expansion
c. Piggy backing 3. It is the most costly investments and holds the highest risk
d. Franchising 4. A project where the facility is built from the ground and turned over to the client ready to go

60.
Assertion (A) Private foreign capital lends to flow to the high profit areas rather than to the priority sectors.
Reason (R) One of the important limitations to utilise the foreign capital is the absorptive capacity of the recipient country.

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