International Business - International Business Objective Questions

41:  
The entry of imports from the rest of the world into the low-tariff member of a free trade area to avoid the higher tariffs of other members is called
A.

Trade deflection

B.

Trade diversion

C.

Trade creation

D.

Trade effect

 
 

Option: A

Explanation :

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42:  
Match List-I with List-II and select the correct answer using the codes given below the lists:

              List-1

       List -2

(Measure towards Globalization)

(Globalization)

b. Off Sharing

II. FEMA

c. FEMA

III. Liberalize the inflow of FDI

d. Mr. Arthol Dunkal

IV. Uruguay Round

 

A.

a    b   c    d

III    I     II    IV

B.

a    b   c    d

II    I     III    IV

C.

a    b   c    d

IV    II   I    III

D.

a    b   c    d

 I     II   IV   III

 
 

Option: A

Explanation :

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43:  
Match List-I with List-II and select the correct answer using the codes given below the lists: 

       List-I

       List-II

a. Merchandise exports

I. purchase of foreign goods

b. Merchandise imports

II. sales of goods Abroad

c. Investment Income

III. Largely caused by excess of imports in merchandise

d. Balance of payment deficits

IV. Dividends interest etc. received from abroad

 

A.

a   b   c    d

 I   II   III    IV

B.

a   b   c    d

II   III   IV    I

C.

a   b   c    d

II    I   IV    III

D.

a   b   c    d

III   IV  II    I

 
 

Option: C

Explanation :

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44:  
Match List-I with List-II and select the correct answer using the codes given below the lists :

     List-I

    List-II

a. IBRD

I. Uruguay Round

b. WTO

II. ECAFE

c. ADB

III. Bretton Wood

d. IDA

IV. Established by World Bank

 

A.

a   b   c    d

III   I    II    IV

B.

a   b   c    d

III   I    IV    II

C.

a   b   c    d

I    III   II    IV

D.

a   b   c    d

 I   II   III    IV

 
 

Option: B

Explanation :

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45:  
A debit balance of payments occurs due to
(i) Low imports and high exports
(ii) High imports and Low exports
A.

Both (i) and (ii) are correct.

B.

Both (i) and (ii) are incorrect.

C.

Only (i) is correct

D.

Only (ii) is correct

 
 

Option: C

Explanation :

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