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Fundamentals Of Foreign Trade And Documentation
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Fundamentals Of Foreign Trade And Documentation
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25 Questions

1. By having business in different Countries a firm reduces___________.
2. The current account of balance of payment includes____________.
3. The Strategy of taking the products first produced for their domestic market and selling them internationally with only minimal local customization is________________.
4. Export control refers to restrictions on ______________.
5. The acronym SWIFT stands for ____________.
6. Wholly owned Subsidiary can be set up______________.
7. Which of the following is not a payment method used for international trade?
8. Which economic factors should be analysed by organizations wishing to expand in international markets?
9. Under the original Scheme of IMF, each country was to maintain the value of its currency__________.
10. IBRD lending is available for ___________.
11. 'Non-resident Bank Account's refer to _____________.
12. According to classification by IMF, the currency system of India falls under _____________.
13. A licensing agreements with mutual exchange of patents is known as-------
14. Ratios of opportunity cost different in ___________.
15. The following factors are key drivers of globalisation_________________.
16. The agreement in which a firm not only sells intangible property to an entity but also insist on the strict rules as to how it does business is_________.
17. In a boom______________.
18. The statutory basis for administration of foreign exchange in India is ____________.
19. A value of SDR is __________.
20. Non-resident bank accounts are maintained in ___________.
21. The political risk faced by a firm cannot be managed by________________.
22. Tariffs___________.
23. Which of the expansions of abbreviations is correct
24. Free international trade maximizes world output through______________.
25. A entitlement establishing a firm that is jointly owned by two or more otherwise independent firms is______.

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