Classical

June 2015 - Paper 3

71:  

The Most Favored Nation status doesn't necessarily refer to:

A.

Non-discriminatory treatment

B.

Same and equal economic treatment

C.

Same tariff rates applicable

D.

Uniform civil code

 
 

Option: D

Explanation :


72:  

Which of the following organizations play an active role to prevent the contagion situation of crisis, such as the Greek Sovereign debt crisis?

A.

IMF

B.

World Bank

C.

WTO

D.

UNCTAD

 
 

Option: A

Explanation :


73:  

The whole channel concept for International Marketing is represented as:

A.

Seller

Seller’s International Marketing Headquarters

Channels within foreign nations

Channels between nations

Final Buyers

 

B.

Seller

Seller’s International Marketing Headquarters

Channels between nations

Channels within foreign nations

Final Buyers

 

C.

Seller

Channels between foreign nations

Seller’s International Marketing Headquarters

Channels within foreign nations

Final Buyers

 

D.

Seller

Channels between foreign nations

Channels within foreign nations

Seller’s International Marketing Headquarters

Final Buyers

 

 
 

Option: B

Explanation :


74:  

As a part of the WTO Guidelines, the Agreement on Agriculture (AOA) does not include :

A.

Direct payments to farmers are permitted.

B.

Indirect assistance and support to farmers including R and D support by Government are not permitted.

C.

Domestic policies which directly affect production and trade have to be cut back.

D.

Least developed countries do not need to make any cuts.

 
 

Option: B

Explanation :




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