BRICS includes
| A. |
Bhutan, Romania, Indonesia, Chile and South Korea
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| B. |
Brazil, Russia, Indonesia, Chila and Sudan
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| C. |
Brazil, Russia, India, China and South Africa
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| D. |
Britain, Russia, India, Czechoslovakia,Srilanka
|
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Option: C Explanation : Click on Discuss to view users comments. |
| A. | Comparative cost theory |
| B. | The theory of Absolute Advantage |
| C. | Factor Endowment theory |
| D. | Mercantilist theory |
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Option: D Explanation : Click on Discuss to view users comments. Sonika said: (10:57pm on Monday 12th December 2016)
Answer will be D because mercantilist theory discourage imports and encourage import
pramod said: (1:40am on Sunday 25th December 2016)
ans D bcuz mercantile theory blvd dat a country should increase its holding of goods
Shubha Bharti said: (2:11pm on Saturday 22nd April 2017)
The answer is Mercantilist theory because s this was the oldest theory and it said that exports should be encouraged and the it should be reserved in terms of Gold.
EBENEZER ADAMS said: (2:56am on Friday 3rd November 2017)
The answer is D, because the Mercantilist theory discourages import and encourages export
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A letter of credits means
| A. |
A bank agreeing to accept and pay on due date
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| B. |
A letter containing conditions of credit purchase or sale
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| C. |
A letter sent by exporter to importer sanctioning credit dial.
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| D. |
A letter sent by importer to exporter sanctioning credit deal.
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Option: A Explanation : Click on Discuss to view users comments. |
Which among the following are important bodies of WTO
(i) Dispute settlement body
(ii) NAFTA
(iii) Trade Policy Review Body
(iv) ASEAN
(v) Council for Trade in Goods
(vi) Council for trade related aspects of Intellectual property rights
(vii) GATT
An appropriate combination is
| A. | (i), (ii), (iii), (iv) |
| B. | (ii), (iii), (iv), (v) |
| C. | (i), (iii), (v), (vii) |
| D. | (iv), (v), (vi), (vii) |
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Option: C Explanation : Click on Discuss to view users comments. |
