Top 150+ Solved Global Business Environment MCQ Questions Answer

From 166 to 180 of 196

Q. ASEAN established on 8 August 1967 in _________

a. Katmandu

b. Singapore

c. Bangkok

d. Nepal

  • c. Bangkok

Q. ASEAN was established by the five original member countries are _________

a. Indonesia, Malaysia, Philippines, Singapore and Thailand

b. India, Malaysia, Bhutan, Singapore, Thailand

c. India, Sri Lanka, Malaysia, Philippines, Thailand

d. India, Sri Lanka, Singapore, Thailand, Malaysia

  • a. Indonesia, Malaysia, Philippines, Singapore and Thailand

Q. The exchange rate system under the IMF came to be known as_________

a. Gold standard

b. Floating rate

c. SDRS

d. Breton Wood System

  • d. Breton Wood System

Q. _________ were created as a reserve asset by the IMF

a. Floating rate

b. SDR

c. Credit trench

d. God standard

  • b. SDR

Q. Which of the following is a form of contractual agreement _________

a. Franchising

b. Licensing

c. Joint venture

d. Both a and b

  • d. Both a and b

Q. Build, operate and transfer is the basic principle of _________

a. Strategic alliance

b. Turnkey projects

c. Contract Manufacturing

d. Management Contract

  • b. Turnkey projects

Q. Which of the following is not a joint venture?

a. Licensing

b. Franchising

c. Strategic alliance

d. Contract Manufacturing

  • c. Strategic alliance

Q. _________ allows a company to conduct business in another countrywhose laws discourage foreign ownership

a. Contract Manufacturing

b. Licensing

c. Franchising

d. Joint venture

  • b. Licensing

Q. Which country is known for group harmony and collectivism?

a. USA

b. France

c. Germany

d. Japan

  • d. Japan

Q. Globalization is based on the theory of

a. Mixed economy

b. Capitalism

c. Free trade and comparative advantage

d. Import Substitution

  • c. Free trade and comparative advantage

Q. The process of globalization of the economy refers to _________

a. Removal of restrictions on foreign trade and foreign investment

b. Economic growth

c. Foreign investment in flow

d. Employment generation

  • a. Removal of restrictions on foreign trade and foreign investment
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