Goods are imported for purpose of re-export to another country is termed as______

(a)

Import Trade

(b)

Export Trade

(c)

Entrepot Trade

(d)

International Trade

Which one of the following is not the advantages of international business?

(a)

Economic development

(b)

Economic dependence

(c)

Price equalisation

(d)

Higher standard of living

IBRD is also known as __________.

(a)

EXIM Bank

(b)

World Bank

(c)

International Monetary Fund

(d)

International Bank

Which of the following is not an Indian Multinational Company?

(a)

Unilever

(b)

Asian Paints

(c)

Wipro

(d)

Piramal

WTO stands for ___________.

(a)

World Technology Association

(b)

World Time Organisation

(c)

World Trade Organisation

(d)

World Tourism Organization

The entry of several foreign companies in India has given  ..............problem.

(a)

employment

(b)

exhaustion of natural resources

(c)

balance of payment

(d)

space

Economies of scale are enjoyed when goods are produced at ..............

(a)

small-scale

(b)

large-scale

(c)

lower-scale

(d)

consumption level

When goods are purchased from a foreign country it is called ............trade

(a)

home

(b)

import

(c)

export

(d)

entrepot

A Contractual agreement wherein one firm grants access to its plants, trade secrets or technology to another firm is called .............

(a)

Pledge

(b)

Contract

(c)

Licensing

(d)

Joint Venture

Similarities of Internal and International Trade is ..............

(a)

Too many middlemen

(b)

Customer Satisfaction

(c)

Risk and Uncertainties

(d)

None of these