International Business MCQ - International Business Section 1

1 Bilateral arrangements instituted to restrain the rapid growth of exports of specific manufactured goods, are called

A
Administered protection
B
Voluntary export restraints
C
Imposed export restraints
D
None of the above

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Correct AnswerOption B

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2 Which of the following is NOT true about the International Finance Corporation (IFC)?

A
IFC does not make its investments in partnership with the private investors from the capital exporting country.
B
The minimum investment that the IFC will make in an enterprise is fixed at $10,000
C
Rate of interest in each case would be a matter of negotiations depending on the risk.
D
None of the above.

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Correct AnswerOption A

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3 If a commodity X is subject to an import duty of 25% ad valorem, the nominal tariff is

A
50%
B
25%
C
12.5%
D
2.5%

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Correct AnswerOption B

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4 An IMF member may purchase up to the full amount of its reserve tranche anytime

A
Without any condition
B
Subject only to the requirement of balance of payments need
C
Subject only to the requirements of development
D
None of the above

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Correct AnswerOption B

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International Business exam questions answer s can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
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International Business MCQ - International Business Section 1

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International Business MCQ - International Business Section 1

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