International Business

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International Business - International Business Practice Questions

31:

According to the theory of each country should concentrate in production of these goods for which it is best suited.

A.	Comparative cost
B.	Fixed cost
C.	Variable cost
D.	Average cost
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

32:

Which of the following organizations promotes trade?

A.	ECGE
B.	MMTC
C.	STC
D.	All of the above
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	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

33:

Bill of lading is issued by

A.	Indian commercial banks
B.	Foreign banks
C.	Shipping company
D.	Exporters
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	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

34:

Assertion (A). Devaluation improves balance of payment deficit.

Reason (R). Devaluation leads to decrease in prices of exports and increase in price of exports.

A.	If both A and R are true and R is the correct explanation of A.
B.	If both A and R are true but R is Not the correct explanation of A
C.	If A is true but R is false
D.	If A is false but R is true
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

35:

Assertion (A). Gold standard broke down after first world war.

Reason (R). Countries had different rate of inflation

A.	If both A and R are true and R is the correct explanation of A.
B.	If both A and R are true but R is Not the correct explanation of A
C.	If A is true but R is false
D.	If A is false but R is true
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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International Business - International Business Practice Questions

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