Top 150+ Solved Global Business Environment MCQ Questions Answer

From 181 to 195 of 196

Q. Contract Manufacturing is a form of _________

a. Acquisition

b. Franchising

c. Licensing

d. Joint venture

  • d. Joint venture

Q. GATS operates on _________ levels

a. 2

b. 6

c. 7

d. 3

Q. _________ means treating one's trading equally

a. GATS

b. WTO

c. MFN

d. TRIPS

  • c. MFN

Q. MFA was replaced on 1 Jan. 1995 by _________

a. AOA

b. ATC

c. GATS

d. TRIMS

  • b. ATC

Q. Removal of QRS means _________

a. Duty free imports

b. An item can be imported without import license or quotas

c. All imports are free of tariffs

d. None of the above

  • b. An item can be imported without import license or quotas

Q. India has Bilateral Trade Agreement with _________

a. Sri Lanka

b. Pakistan

c. Nepal

d. Bhutan

  • d. Bhutan

Q. _________ transfers are selling of products by a company to itsaffiliated company in host country.

a. Indirect export

b. Direct exporting

c. Intra-corporate

d. All the above

  • c. Intra-corporate

Q. WTO members abolished quotas on trade in _________

a. Agriculture

b. Textiles and clothing

c. Tropical products

d. Natural Resources based products

  • b. Textiles and clothing

Q. _______ is the fastest growing trading bloc in the world.

a. MERCOSUR

b. NAFTA

c. EEC

d. ESCAP

  • a. MERCOSUR

Q. Marketing forces to determine the exchange rate of currencies under______.

a. Gold Standard

b. Bretton wood system

c. Floating rate system

d. Credit Tranche

  • c. Floating rate system

Q. _______ is called the soft loan window of the IBRD.

a. IFC

b. IDA

c. UNCTAD

d. IMF

  • b. IDA

Q. _____ is a joint venture of IBRD and IFC.

a. UNCTAD

b. IDA

c. IMF

d. MIGA

  • d. MIGA
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