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International Business MCQ - International Business Section 3

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

7 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 the international monetary problem.

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

9 In which year was the EXIM Bank established?

10 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

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Question:

The Bretton Woods system, in which the nation can defend a fixed rate by adjusting the whole national economy to fit the exchange rate, or it can devalue…

A. Permanently fixed-rate system
B. Exchange rate compromises system
C. Deficits without tears
D. Adjustable-peg system

Correct answer: D

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