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