International Business

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International Business - International Business Practice Questions

36:

Assertion (A). Balance of trade is the difference between exports and imports of goods.

Reason (R). Balance of current accounts is the difference between exports and imports of services.

A.	If both A and R are true and R is the correct explanation of A.
B.	If both A and Rare 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: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

37:

Assertion (A). IMF provides long term loans for developmental purpose.

Reason (R). Long term loans are important for development of LDCs.

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: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

38:

Assertion (A). In case of flexible exchange rate, Government is free from the consideration about Balance of Payment and Government can concentrate on domestic economic policy.

Reason (R). Automatic adjustment balance of payment is achieved in case of free exchange rate through changes in exchange rates.

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..

39:

List-I	List -II
a. Free trade area	1. No restrictions on trade and factor movement.
b. Customs union	2. Trade is free and no custom duties.
c. Common market	3. No customs duties; duties on non-members.
d. Economic union	4. Advanced stage of integration.

A.	a b c d 2 1 3 4
B.	a b c d 3 2 4 1
C.	a b c d 2 3 1 4
D.	a b c d 1 3 4 2
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

40:

Assertion (A). Balance of capital account is the difference between foreign exchange earned and foreign exchange spent by the company.

Reason (R). Balance of invisibles is the difference between exports and imports of services.

Code:

A.	If both A and R are true and R is the correct explanation of A.
B.	If both A and R are true butRis 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: D 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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