International Business - International Business Objective Questions

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61:  

Which of the following is NOT a monetary measure for correction of balance of payments disequilibrium?

A.	Monetary expansion / contraction
B.	Exchange control
C.	Foreign loans
D.	Devaluation
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

62:  

Trade measures for correction of balance of payments disequilibrium include

A.	Export promotion
B.	Import control
C.	Both (A) and (B)
D.	Import substitution
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

63:  

The area where the members remove tradebarriers among themselves but keep their separate national barriers against trade with the outside world, is known as 

A.	Customs-Union
B.	Common Market Area
C.	Economic-Union
D.	Free-trade Area
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	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

64:  

An economic integration in which member countries unity all their economic policies, including monetary, fiscal and welfare policies as well as policies toward trade and factoral migration, is known as

A.	Economic-union
B.	Common-market
C.	Customs-union
D.	Free-trade area
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	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

65:  

If a nation has some monopoly power over world prices, it can reap net gains from

A.	Export duty
B.	Import duty
C.	Both (A) and (B)
D.	Transit duty
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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