Top 150+ Solved International Business MCQ Questions Answer
Q. Key controllable factors in global marketing are:
a. government policy and legislation
b. social and technical changes
c. marketing activities and plans
d. all of the above.
Q. The first phase of globalization started around 1870 and ended with …..
a. world war i
b. world war ii
c. the establishment of gatt
d. in 1913 when gdp was high
Q. According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted itswealth.
a. gold theory
b. ricardo theory
c. mercantilism
d. hecksher theory
Q. The Theory of Absolute Cost Advantage is given by
a. david ricardo
b. adam smith
c. f w taylor
d. ohlin and heckscher
Q. The Theory of Relative Factor Endowments is given by
a. david ricardo
b. adam smith
c. f w taussig
d. ohlin and hecksher
Q. The theory of comparative cost advantage is given by
a. david ricardo
b. adam smith
c. f w taussig
d. ohlin and heckscher
Q. A multinational is a firm that controls and manages production facilities in
a. both developed and developing countries
b. at least two countries
c. one country but relies on multiple markets for the consumption of goods it produces
d. at least two developed countries and one developing country
Q. Locational advantages are based on which combination of the following specific country characteristics
a. a large reserve of natural resources, a large local market and efficiency opportunities
b. a small reserve of natural resources, a large local market and efficiency opportunities
c. a small reserve of natural resources, a small local market and efficiency opportunities
d. a large reserve of natural resources, a small local market and efficiency opportunities
Q. Horizontal integration occurs when
a. firm creates singular country production facilities, each of which produces different good or goods
b. firm creates multiple production facilities, each of which produces the same good or goods.
c. firm creates multiple production facilities, each of which produces different good or goods
d. firm creates singular country facilities, each of which produces the same good or goods
Q. Which of the following would be an example of foreign direct investment from the United States toTaiwan?
a. a u.s. bank buys bonds issued by a taiwan computer manufacturer.
b. a u.s. car manufacturer enters into a contract with a taiwan firm to make and sell it spark plugs.
c. microsoft hires a taiwanese computer programmer to debug some software for it.
d. the state of california rents space in taipei for one of its employees to use promoting tourism in
Q. If a German manufacturer of household appliances wants to take advantage of the cheaper labor availablein the Czech Republic, which of the following actions will not serve that purpose?
a. build a manufacturing subsidiary there and employ czech workers.
b. build a plant in the czech republic and send all german workers to operate it.
c. license a czech firm to produce its products under its own label.
d. contract for a czech firm to do some of the processing for it.
Q. Which of the following was created in an effort to promote free trade?
a. world trade organization
b. the sarbanes-oxley act
c. multilateral development banks
d. the organization for economic cooperation and development
Q. . Removing barriers or restrictions set by the government is called:
a. liberalisation
b. investment
c. favorable trade
d. free trade
Q. Which is the right sequence of stages of Internationalization
a. domestic, transnational, global, international, multinational
b. domestic, international, multinational, global, transnational
c. domestic, multinational, international, transnational, global
d. domestic, international, transnational, multinational, global
Q. Subsidiaries consider the regional environment for policy / Strategy formulation is known as
a. polycentric approach
b. regionocentric approach
c. ethnocentric approach
d. geocentric approach