Classical

International Business - International Business MCQ

21:  
What are the characteristics of the loans provided by the International Development Association (IDA) to member countries?
A.
They are on liberal terms with regard to the rate of interest
B.
They are on liberal terms with regard to the period of repayment
C.
They can be repaid in the currency of the member country
D.

All of the above

 
 

Option: D

Explanation :


22:  
Which of the following is the best example of Agreement between Oligopolists
A.

GATT

B.

OPEC

C.

WTO

D.

UNIDO

 
 

Option: D

Explanation :


23:  
Which type of subsidies are provided to industrial research and pro competitive development activity in disadvantaged regions?
A.

Prohibited subsidies

B.

Actionable subsidies

C.

Non-actionable subsidies

D.

None of the above

 
 

Option: C

Explanation :


24:  

Consider the following

1. Changes in quality

2. Changes in compositions

3. Tastes and preferences

4. Price differences

Which of the above impose limitations in the use of price indices to measure the terms of trade?
A.

1 and 2

B.

2 and 3

C.

1,2 and 3

D.

1,2 and 4

 
 

Option: D

Explanation :


25:  
The comparative cost Advantage theory was given by
A.

David Ricardo

B.

Adam smith

C.

Raymond Vernon

D.

Michael E. Parter

 
 

Option: A

Explanation :




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