International Business - International Business Questions

26:  

Import substitution involves protection of

A.

Export products

B.
Products which are completing with imports
C.

Luxury items

D.

Consumer items

 
 

Option: B

Explanation :

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27:  
Soft loans to underdeveloped countries is provided by
A.

IBRD

B.

IDA

C.

ADB

D.

GATT

 
 

Option: B

Explanation :

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28:  
In the balance of Payment, gifts from foreigners is
A.

Import of goods

B.

Capital inflow

C.

Unrequited receipts

D.

Unrequited payments

 
 

Option: C

Explanation :

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29:  
Listing receipts and payments in international transaction for a country is called
A.

Balance of trade

B.

Balance of payment

C.

Balance of current account

D.

Balance of capital amount

 
 

Option: B

Explanation :

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30:  
Export promotion involves encouragement of
A.

Export products

B.
Products which are completing with imports
C.

Luxury items

D.

Consumer items

 
 

Option: A

Explanation :

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