December 2015 - Paper 3

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3. December 2015
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46:   Which of the following is not a characteristic of bartering internationally?

A.	Bartering can be time - consuming.
B.	Bartering can be expensive.
C.	Bartering is a type of service export and import.
D.	Bartering can be risky.
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

47:   Assertion (A): International business has grown in more recent years at a faster pace than
global production.

Reason (R) : Growth through trade has increased, but growth through foreign direct
investment has not.

A.	Both (A) and (R) are correct
B.	(A) is correct but (R) is incorrect
C.	(A) is incorrect but (R) is correct
D.	Both (A) and (R) are incorrect
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

48:   Identify the multinational corporations (MNCs) from the following:
(a) IOCL (b) GAIL (c) SBI

(d) SAIL (e) Tata Steel (f) Bharat Petroleum

A.	(a), (b), (c), (d)
B.	(b), (c), (d), (e)
C.	(c), (d), (e), (f)
D.	(a), (c), (e), (f)
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

49:   Statement-I: Legal agreements between two countries govern how both the countries
tax earnings.

Statement-II : International Law may determine how and whether companies can operate
in a certain locale.

A.	Both the statements are true
B.	Both the statements are false
C.	Statement-I is true but Statement-II is false
D.	Statement-I is false but Statement-II 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..

50:   Which of the following is an example of an issue for which an agreement has not been made
between two or more countries?

A.	Restricting harmful emissions
B.	Deep-sea mining in non-coastal areas of the oceans
C.	Preserving endangered species
D.	Banning the use of certain pesticides
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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