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MCQs for International Business 1
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MCQs for International Business 1
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25 Questions

1. According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth
2. Which one of the following is not amongst India’s major import items
3. Which one of the following modes of entry permits greatest degree of control over overseas operations
4. Which one of the following is not amongst India’s major export items
5. Which is the right sequence of stages of Internationalizatio
6. …….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally
7. The WTO was established to implement the final act of Uruguay Round agreement of …
8. In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee
9. IBRD (International Bank for Reconstruction and Development) also known a
10. Select example of Indian Multinational Company
11. NAFTA stands fo
12. When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known a
13. _______ is the first step in the internationalization process
14. Which of the following is not a force in the Porter Five Forces model
15. The —————- company produces, markets, invests and operates across the worl
16. Which of the following is not an advantage of exporting
17. The main promoter of trade liberalization wa
18. Which is not an Indian Multinational Company
19. Outsourcing a part of or entire production and concentrating on marketing operations in international business is known a
20. The Theory of Relative Factor Endowments is given by
21. ……………is the application of knowledge which redefines the boundaries of global busines
22. Which one of the following modes of entry requires higher level of risks
23. Which one of the following is not amongst India’s major trading partners
24. The OECD stands for
25. Which one of the following modes of entry brings the firm closer to international markets

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