Top 150+ Solved International Business MCQ Questions Answer
Q. Which of these is a characteristic of multinational corporations>
a. At least one -third directors are foreign nationals
b. The company does 40% of its business in foreign markets
c. The overseas markets are larger than the domestic market
d. The affiliates are responsive tio a number of important environmental forces
Q. According to this theory the holdings of a country’s treasure primarily in the form of goldconstituted its wealth.
a. Gold Theory
b. Ricardo Theory
c. Mercantilism
d. H .O. THEORY
Q. The Theory of Absolute Cost Advantage is given by
a. Adam smith
b. D. Richardo
c. Raymond Varnoon
d. Porter
Q. The Theory of Relative Factor Endowments is given by
a. Ohilin-Hecksher
b. FY Taylor
c. Richardo
d. Porter
Q. …………… is application of knowledge which redefine the boundaries of global business
a. Cultural Values
b. Society
c. Technology
d. Economy
Q. Capitalistic, communistic and mixed are the types of
a. Economic system
b. Political system
c. Social System
d. Cultural Attitudes
Q. General Agreement on Trade in Services will not be applicable to
a. Services supplied from one country to another – cross border supply
b. Transaction of goods across the border – Export Import
c. Individuals traveling from own country to supply services in another – presence of natural persons.
d. Consumers/firms making use of a service in another country – consumption abroad
Q. Quantitative restrictions refer to limit set by countries to curb
a. Imports
b. Exports
c. Imports and Exports
d. All of the above
Q. The world trade organization was formed in the year _________ with GATT as it basis.
a. 1992
b. 1993
c. 1995
d. 1994
Q. ________theory states that, lack of resources often helps countries to become competitive
a. Competitive theory
b. Porters Diamond Model
c. Theory of Mercantilism
d. Product life cycle theory
Q. Theory of Mercantilism propagates
a. Encourage imports and exports
b. Encourage exports and discourage imports
c. Discourage imports
d. None of these
Q. General electric follows ___________ as its international operational strategy
a. GLOBAL
b. TRANSNATIONAL
c. INTERNATIONAL
d. MULTI-DOMESTIC
Q. Typically the last step in the internationalization process is:
a. Licensing
b. Exporting
c. Wholly owned subsidiaries
d. Foreign Direct Investment