Which one of the following is not amongst India’s major trading partners?
  • USA
  • UK
  • Germany
  • New Zealand
Which one of the following is not amongst India’s major export items?
  • Textiles and garments
  • Gems and jewellery
  • Oil and petroleum products
  • Basmati rice
Which one of the following modes of entry permits greatest degree of control over overseas operations?
  • Licensing/franchising
  • Wholly owned subsidiary
  • Contract manufacturing
  • Joint venture
Which of the following is not an advantage of exporting?
  • Easier way to enter into international markets
  • Comparatively lower risks
  • Limited presence in foreign markets
  • Less investment requirements
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
  • Licensing
  • Franchising
  • Contract manufacturing
  • Joint venture
The OECD stands for:
  • Organization for Economic Co-operation and Development
  • Organization for Economic Coordination and Development
  • Organization for Environmental Cooperation and Development.
  • Organization for Environmental Control and Development
_______ is the first step in the internationalization process.
  • License
  • Foreign Investment
  • Sales
  • Export
The main promoter of trade liberalization was
  • GATT
  • NAFTA
  • CEPTA
  • CISA
NAFTA stands for
  • North African trade association
  • North American free trade agreement
  • Northern Atlantic trade agreement
  • Northern association for trade
The WTO was established to implement the final act of Uruguay Round agreement of ……
  • MFA
  • GATT
  • TRIP’s
  • UNO
The —————- company produces, markets, invests and operates across the world
  • Global
  • International
  • Transnational
  • Multinational
Select example of Indian Multinational Company
  • Hindusthan Unilever
  • Videocon
  • Cargill
  • Tesco
……. is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
  • Bill of Lading
  • Letter of Credit
  • Open Account
  • Drafts
Which of the following is not a force in the Porter Five Forces model?
  • Buyers
  • Suppliers
  • Complementary products
  • Industry rivalry
Which is not an Indian Multinational Company?
  • Unilever
  • Asian Paints
  • Piramal
  • Wipro
……………is the application of knowledge which redefines the boundaries of global business
  • Cultural Values
  • Society
  • Technology
  • Economy
The Theory of Relative Factor Endowments is given by
  • David Ricardo
  • Adam Smith
  • F W Taussig
  • Ohlin and Hecksher
According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
  • Gold Theory
  • Ricardo Theory
  • Mercantilism
  • Hecksher Theory
Which is the right sequence of stages of Internationalization
  • Domestic, Transnational, Global, International, Multinational
  • Domestic, International, Multinational, Global, Transnational
  • Domestic, Multinational, International, Transnational, Global
  • Domestic, International, Transnational, Multinational, Global
IBRD (International Bank for Reconstruction and Development) also known as
  • Exim Bank
  • World Bank
  • International Monetary fund
  • International Bank
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