International Business - International Business Practice Questions

21:  
The benefit accruing to a nation from issuing the currency or when its currency is used as an international currency or reserve is called
A.

Transaction demand

B.

Seigniorage

C.

Mercosur

D.

Exchange share

 
 

Option: B

Explanation :

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22:  

A reserve currency country is one

A.
Which keeps a large reserve of foreign currencies.
B.
Which keeps several reserves for different foreign currencies.
C.
Whose reserves consist of foreign currency only and not golt bullion.
D.
Whose currency is held by other nations as international reserves.
 
 

Option: D

Explanation :

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23:  
The gold standard exchange rate system prevailed
A.

Between 1860 and 1910

B.

Between 1910 and 1939

C.

Between 1880 and 1914

D.

Between 1914 and 1939

 
 

Option: C

Explanation :

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24:  

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

     List-I

  List -II

a. Wider Market

I.   Modes of Entry

b. TurnKey Projects

II.  Goal of international Business

c. Expanding the Production capacities

III. Advantage of  international business

d. Geocentric approach

IV. Stage of Globalization

 

A.

a    b   c    d

IV   II   III    I

B.

a    b   c    d

III    I    II    IV

C.

a    b   c    d

 I    II   III    IV

D.

a    b   c    d

IV   III   II    I

 
 

Option: B

Explanation :

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25:  

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

     List-I

  List -II

a. World trade Organisation

I.   1993

b. Urugvay Round Netogation

II.  1995

c. WTO-Trade Policy Review Body

III. 1997

d. The Patents (Amendment) A

IV. 1999

 

A.

 a   b   c    d

 II  III   IV    I

B.

 a   b   c    d

  I   IV   III    II

C.

 a   b   c    d

 II    I   III    IV

D.

 a   b   c    d

 IV  II    I    III

 
 

Option: C

Explanation :

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