TRIP is one of the WTO agreements that deal with
  • Trade in agriculture
  • Trade in services
  • Trade related investment measures
  • None of these
The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
  • Letter of hypothetication
  • Letter of credit
  • Bill of lading
  • Bill of exchange
A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as
  • Shipping receipt
  • Mate receipt
  • Cargo receipt
  • Charter receipt
Which one of the following is not a document related to fulfill the customs formalities
  • Shipping bill
  • Export license
  • Letter of insurance
  • Proforma invoice
Which of the following documents is not required in connection with an import transaction?
  • Bill of lading
  • Shipping bill
  • Certificate of origin
  • Shipment advice
SMEs stands for:
  • Small and Medium Entrepreneurs
  • Small Management of Enterprises
  • Small and Medium-sized Enterprises.
  • Societies for Managing Exports
MNC Stands for
  • Multi-National Cooperation
  • Multi-National Corporation
  • Multi-National Company
  • Multi-National Collaboration
IPR stands for
  • Intellectual property rights
  • International property rights
  • Internal promotion rights
  • Interior promotional rights
WTO stands for
  • World technology association
  • World time organization
  • World trade organization
  • World tourism organization
.........is only a legal agreement and it is not an institution, but ...... is a permanent institution.
  • GATT, WTO
  • WTO, GATT
  • WTO, IMF
  • IMF, GATT
…………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.
  • Global
  • International
  • Transnational
  • None of the above
Key controllable factors in global marketing are:
  • Government policy and legislation
  • social and technical changes
  • marketing activities and plans
  • all of the above.
Comparative Cost Trade Theory is given by
  • Adam Smith
  • David Ricardo
  • Gottfried Haberler
  • Heckscher Ohlin
Globalization refers to:
  • Lower incomes worldwide
  • Less foreign trade and investment
  • Global warming and their effects
  • A more integrated and interdependent world
Capitalistic, communistic and Mixed are the types of
  • Economic System
  • Social System
  • Cultural Attitudes
  • Political System
The theory of comparative cost advantage is given by
  • David Ricardo
  • Adam Smith
  • F W Taussig
  • Ohlin and Hecksher
The Theory of Absolute Cost Advantage is given by
  • David Ricardo
  • Adam Smith
  • F W Taylor
  • Ohlin and Heckscher
Subsidiaries consider the regional environment for policy / Strategy formulation is known as
  • Polycentric Approach
  • Regiocentric Approach
  • Ethnocentric Approach
  • Geocentric Approach
Ultimately ………………was replaced by the ……………. on 1st Jan 1995
  • GATS, WTO
  • WTO, GATT
  • GATT, WTO
  • IMF, GATT
The first phase of globalization started around 1870 and ended with …. .
  • World War I
  • World War II
  • The Establishment of GATT
  • In 1913 when GDP was High
0 h : 0 m : 1 s

Answered Not Answered Not Visited Correct : 0 Incorrect : 0