Top 150+ Solved Global Business Environment MCQ Questions Answer

From 61 to 75 of 196

Q. __________ conference of 1944 suggested institutional arrangements to undertakepost wear reconstruction of global economy.

a. Urugay Round Agreement

b. Narasimham Committee

c. Brotton woods

d. Hilton Young Commission

  • c. Brotton woods

Q. The GATT agreement had been signed by governments known as _____

a. Member countries

b. Trade members

c. MFN

d. Contracting Parties

  • d. Contracting Parties

Q. Article XIX of the GATT provided ________

a. General prohibition of QRs

b. Emergency safeguard code

c. Schedule of Tariff Concessions

d. MFN Clause

  • b. Emergency safeguard code

Q. GATT agreements as modified by the _______agreement

a. WTO

b. ITO

c. Uruguay Round

d. Bretton wood

  • c. Uruguay Round

Q. _____________ is in fact, policeman of global trade.

a. GATT

b. ITO

c. TRIMS

d. WTO

  • d. WTO

Q. _______ is the Supreme Authority of the WTO

a. General Council

b. Ministerial conference

c. Council for Trade in Goods

d. Council for TRIPS

  • b. Ministerial conference

Q. The Secretariat of the WTO is headed by the _______

a. General Council

b. Ministerial conference

c. Director General

d. Council for TRIPS

  • c. Director General

Q. GATT was applied on a _________

a. Permanent basis

b. Provisional basis

c. Both a and b

d. None of the above

  • b. Provisional basis

Q. The agreement of patent protection for _______

a. 20 years

b. 15 years

c. 10 years

d. 7 years

  • a. 20 years

Q. Plurilateral Trade Agreement was done at Ganeva in ______

a. March 1979

b. April 1979

c. January 1994

d. August 1984

  • b. April 1979

Q. NIEO means_________

a. New International Economic Order

b. New Industrial Economic Order

c. New Industrial Economic Organisation

d. New International Economic Organisation

  • a. New International Economic Order

Q. __________ is the effect International Trade has a detrimental effect on underdeveloped countries

a. Lop - sided development

b. Deterioration

c. Demonstration effect

d. None of the above

  • c. Demonstration effect
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