Top 250+ Solved International Marketing MCQ Questions Answer
Q. Perhaps, the most credible argument for protectionist measures is
a. Keeping money at home
b. Reducing unemployment
c. Enhancing national security
d. Protecting infant industry
Q. Compared to a protective tariff, a revenue tariff is
a. Lower
b. Higher
c. About the same
d. none
Q. The duties stated as a fixed percentage of the invoice value are
a. Specific duties
b. Ad valorem duties
c. Compound duty
d. Combined rates
Q. This kind of tax is collected at each point in the distribution chain and levied on the totalvalue of a product.
a. Single-stage sales tax
b. Value added tax
c. Cascade tax
d. Excise tax
Q. This is not a nontariff barrier.
a. Documentation
b. Quota
c. Product inspection
d. Countervailing duties
Q. GATT's Subsidies Code prohibits the use of export subsidies on
a. Nonprimary products
b. Primary products
c. Both primary and nonprimary products
d. Neither nonprimary nor primary products
Q. When a country permits an import of limited quantities at low rates of duty but subjects an excess amount to a much higher rate, this kind of quota is used.
a. Absolute quota
b. Voluntary quota
c. Relative quota
d. Tariff quota
Q. This type of trade barriers is easiest to deal with.
a. Tariffs
b. Nontariff barriers
c. Private barriers
d. International barriers
Q. These barriers are least transparent.
a. Tariffs
b. Nontariff barriers
c. Government barriers
d. Private barriers
Q. South Korea's chaeboland Japan's keiretsu are examples of
a. Tariffs
b. Nontariff barriers
c. Private barriers
d. Government barriers
Q. This world organization wants to achieve a broad, multilateral, and free worldwide systemof trading.
a. WTO
b. GSP
c. UNCTAD
d. MFN
Q. This organization does not allow a nation to veto a panel’s decision
a. GATT
b. WTO
c. UN
d. NAFTA
Q. The system which gives LDCs' exports a preferential treatment is called
a. GATT
b. GSP
c. UNCTAD
d. MFN
Q. This kind of quota is the most restrictive.
a. absolute quota
b. tariff quota
c. voluntary quota
d. VER