International Business - International Business Objective Questions

46:  
Assertion (A). Operating style of the international business can be spread to the entire globe. 
Reason (R). The style is limited to the international economy only.
A.

Both (A) and (R) are true.

B.

(A) is true, about (R) is false.

C.

(A) is false, but (R) is true.

D.

Both (A) and (R) are false.

 
 

Option: A

Explanation :

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47:  
Assertion (A). International Monetary find was set up in 1944.
Reason (R). To promote international monetary cooperation through a permanent institution which provides machinery for consultation and collaboration on international monetary problem.
A.

Both (A) and (R) are false.

B.

Both (A) and (R) are true

C.

(A) is true, but (R) is false

D.

(R) is true but (A) is false.

 
 

Option: B

Explanation :

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48:  
Purchase of goods from one country with the object of selling than to another country is called................ trade
A.

import

B.

enterpot

C.

export

D.

indian

 
 

Option: B

Explanation :

Trade in which imported goods are re-exported with or without any additional processing or repackaging is called entrepot in commerce

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49:  
In which year was the EXIM Bank established?
A.

1982

B.

1983

C.

1984

D.

1985

 
 

Option: A

Explanation :

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50:  
Which of the below policy measures would lead to an expansion of exports?
1. Export duty
2. Export subsidy
3. Liberal import entitlement
4. Revaluation of currency
A.

1, 2, and 4

B.

1 and 3

C.

3 and 4

D.

2 and 4

 
 

Option: D

Explanation :

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