Classical

International Business - International Business Multiple Choice Questions

31:  

Which one is called Bretton-wood Twin's

A.

IBRD and IDA

B.

IMF and IFL

C.

IMF and IBRD

D.

IDA and IFL

 
 

Option: C

Explanation :


32:  
The trade theory of absolute advantage was developed by
A.

Haberler

B.

David Ricardo

C.

Adam Smith

D.

Allfred Marshall

 
 

Option: C

Explanation :


33:  
When custom duty is levied according to weight of goods it is known as
A.

Excise duty

B.

Ad-valorem duty

C.

Revenue duty

D.

Specific duty

 
 

Option: D

Explanation :


34:  

International trade theory was the contribution of

A.

Bertie Ohlin

B.

Arthur Okum

C.

Adam smith

D.

None of the above

 
 

Option: A

Explanation :


35:  

Which one is the source of external finance?

A.

WTO funds

B.

World bank group

C.

Export credit

D.

Foreign direct investment

 
 

Option: A

Explanation :




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