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MCQs for International Business 2
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MCQs for International Business 2
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25 Questions

1. Globalization refers to:
2. The first phase of globalization started around 1870 and ended with …..
3. Ultimately ………………was replaced by the …………….on 1st Jan 1995
4. Comparative Cost Trade Theory is given by
5. TRIP is one of the WTO agreements that deal with
6. MNC Stands for
7. Which one of the following is not a document related to fulfill the customs formalities
8. WTO stands for
9. Subsidiaries consider the regional environment for policy / Strategy formulation is known as
10. Which of the following does not belong to the World Bank group?
11. Which of the following documents is not required in connection with an import transaction?
12. …………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.
13. SMEs stands for:
14. Which one of the following is not a part of export documents?
15. The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is
16. Which of the following documents are not required for obtaining an export license?
17. Capitalistic, communistic and Mixed are the types of
18. …..is only a legal agreement and it is not an institution, but ….. is a permanent institution.
19. Key controllable factors in global marketing are:
20. A receipt issued by the commanding officer of the ship when the cargo is loaded on the ship is known as
21. Which of the following do not form part of duty drawback scheme?
22. The Theory of Absolute Cost Advantage is given by
23. Which of the following document is prepared by the exporter and includes details of the cargo in terms of the shipper’s name, the number of packages, the shipping bill, port of destination, name of the vehicle carrying the cargo?
24. The theory of comparative cost advantage is given by
25. IPR stands for

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