International Business - International Business Section 2

6. Assertion (A). The operating style of international business can be spread to the entire globe.
Reason (R). The style is limited to the international economy only.

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7. Assertion (A). International Monetary find was set up in 1944.
Reason (R). To promote international monetary cooperation through a permanent institution which provides machinery for consultation and collaboration on the international monetary problem.

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8. Purchase of goods from one country with the object of selling than to another country is called................ trade

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9. In which year was the EXIM Bank established?

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10. Which of the below policy measures would lead to an expansion of exports?
1. Export duty
2. Export subsidy
3. Liberal import entitlement
4. Revaluation of currency

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