Top 150+ Solved International Business MCQ Questions Answer
Q. Which organisations strain on the liberalisation of foreign investment and foreign trade?
a. international monetary fund
b. world health organisation
c. world trade organisation
d. international labour organisation
Q. Trade Related Investment Measures (TRIMS) doesn’t apply for
a. Measures that affect trade in goods.
b. Measures that lead to restrictions on quantities.
c. Discouraging measures that limit a company’s imports.
d. Discouraging measures that limit a company’s exports.
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 abroa
Q. As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn’t consider
a. Direct payments to farmers are permitted.
b. Indirect assistance and support to farmers including R & D support by govt. are not permitted.
c. Domestic policies which directly effect on production and trade have to be cut back.
d. Least developed countries do not need to make any cuts.
Q. Quantitative restrictions refer to limit set by countries to curb
a. Imports
b. Exports
c. Imports & exports
d. None of the above
Q. A Most Favoured nation status doesn’t necessarily refer to
a. Same and equal economic treatment
b. Non-discriminatory treatment
c. Same tariff rates applicable
d. Uniform civil code
Q. The world trade organization was formed in the year _________ with GATT as it basis.
a. 1993
b. 1994
c. 1995
d. 1996
Q. Power distance Index (PDI) of 77 compared to a world average of 56.5 for India indicates
a. High level of inequality of power and wealth within the society
b. Low level of inequality of power and wealth within the society
c. High level of Political corruption
d. Low level of Human development Index
Q. Specific cultural dimensions that does not have a significant impact on cross-national businessinteractions is
a. Hofstede’s five cultural dimensions
b. Monochromatic vs polychromatic tune
c. Communication
d. Geography
Q. Professional culture refers to
a. Shared belief of top managers about how they should manage themselves and their employees
b. Shared code of ethics and other commonalities shared by members of a given group
c. Both (a) and (c)
d. None of the above
Q. An attribute that doesn’t contribute to Porters Diamond model is
a. Government
b. Organized Trade union
c. Factor Conditions
d. Demand Conditions
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. Identify a factor that doesn’t play an important role in attracting FDI
a. Laws, rule sand regulations
b. Administrative procedures and efficiency
c. Infrastructure related factors
d. Language
Q. B2B sector specific policy of Indian Government is
a. FDI up to 100% subject to condition that they invest 26 % in favour of Indian Public within 5 yrs
b. FDI up to 100%
c. FDI up to 100% subject to condition that they invest 26 % in favor of Indian Public within 10 yrs
d. FDI up to 49%
Q. General electric follows ___________ as its international operational strategy
a. Global
b. International
c. Multi-domestic
d. Transnational