Top 150+ Solved Principles of Internation Business for Tourism MCQ Questions Answer
Q. ------------- of a country is the relation over a period between the values of her exports and the values of her imports
a. BOP
b. BOT
c. Budget
d. None of these
Q. Devaluation raised the domestic price of --------------
a. Exports
b. Imports
c. Both exports and imports
d. None of these
Q. Devaluation reduces the foreign price of --------------
a. Exports
b. Imports
c. Both exports and imports
d. None of these
Q. Under gold standard the value of the currency unit was defined in terms of -------------
a. Currencies
b. Silver
c. Gold
d. None of these
Q. The ADB is managed by -------------
a. Director General
b. Managing Director
c. President
d. None of these
Q. Mahalanobis Strategy adopted in the -----------
a. 1st five year plan
b. 2ND five year plan
c. 3RD five year plan
d. 4TH five year plan
Q. The agreement, TRIPs and TRIMs are related to -------------
a. ADB
b. IBRD
c. WTO
d. None of these
Q. The most popular currencies in the offshore market are -----------
a. Dollar and Yen
b. Dollar and Euro
c. Euro and Yen
d. Euro and Rupee
Q. The classical theory of international trade was developed by
a. Adam Smith
b. Marshall
c. Keynes
d. None of these
Q. The settlement of spot transactions takes place within
a. Tree days
b. One day
c. Two days
d. 4 days
Q. The exchange rates in which the spot transactions are carried out are known as
a. Spot rate
b. ASK rate
c. Bid rate
d. Forward rate