Class 11 Business Studies Chapter 10 International Business Quiz 26 (60 MCQs)

Quiz Instructions

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1. Chargeable weight es .....
2. How many types of common clause patterns mentioned before?
3. How can cultural differences influence negotiation styles?
4. What is a trade barrier?
5. Company gives the right to use the property to another company in a new market in exchange for a fee
6. Which Christmas song was the first to be broadcast from space?
7. What is the main reason for the growth of international business?
8. What is a key aspect of the International Business Environment?
9. Foreign direct investment can provide a foreign company:Cheaper production facilities, access to new technologies, products, skills and financing.
10. If a country has a highly eductated population, advanced technology, and focuses on international business and foreign trade, that country is considered to be:
11. Data that has already been collected and published is known as .....
12. A situation in which a country specializes in the production of a good or service at which it is relatively more efficient?
13. A company is worried that about exchange rate would need to consider which component of the international business environment?
14. The socioeconomic reform process of eliminating trade, investment, information technology, and cultural and political barriers access countries, which in turn can lead to increased economic growth and geopolitical integration and interdependence among nations of the world.
15. Which factor might influence the choice of a market to operate in?
16. Which of the following is an example of signalling through entry of new markets?
17. A US company can obtain political risk insurance on its export shipments from
18. Great companies solve problems that matter like:
19. Which stage of going global includes companies moving their production of a specific product to an inexpensive location?
20. What is a balance of trade?
21. TRIPS establishes standards for what?
22. A foreign currency swap is simply an agreement between two parties to exchange one currency for another at a yet-to-be-determined future date but at a specified exchange ratio.
23. What does 'comparative advantage' mean in international business?
24. What is one advantage of regional economic integration?
25. When your exports are less than your imports, this exists?
26. What is a multinational corporation?
27. What are the potential consequences of political instability on international business operations?
28. One indicator of globalization is:
29. National Competitive advantage trade theory corresponds with
30. What is one major advantage of globalization for businesses?
31. Selling goods abroad
32. What is the main difference between a distributor and a sales agent?
33. Bagaimana tarif ad valorem dikenakan?
34. Location, climate, terrain, waterways, and natural resources refer to which factor of the international business environment?
35. What challenges might a business face when expanding to a foreign planet?
36. The simultaneous sale of spot currency for the forward purchase of the same currency is called as
37. ..... Means rapid increase in the shares of economic activities taking place across national border
38. What is an Import Tariff?
39. What is the main purpose of international trade?
40. 24) A company starting out with a global focus, usually because of the international experience of its founders, is called a .....
41. In which country would you be if you ordered a Sweet Potato QQ Balls in KFC?
42. Comparative Cost Trade Theory is given by
43. How many EPCs are working at present in India?
44. Is the following an advantage or a disadvantage of international business locations?"*Lower labour costs"
45. Australia's top company revenue earner in 2015 was .....
46. Apa yang sering menjadi kenyataan dari subsidi dalam praktiknya?
47. Toilet paper would be considered a .
48. Trade barrier-are government-induced restrictions on national trade. According to the theory of comparative advantage, trade barriers are detrimental to the world economy and decrease overall economic efficiency.
49. The ..... may, from time to time, formulate and announce, by notification in the Official Gazette, the export and import policy
50. Which of the following is an example of globalization?
51. What is the first stage in the strategy formulation process?
52. Diamonds mined in South Africa are used to make rings in the UAE
53. The US can produce 1 ton of sugar using 4 acres of land, or they can produce 1 ton of avocados using 6 acres. Ecuador can produce 1 ton of sugar using 5 acres of land or 1 ton of avocados using 4 acres. Which country should produce avocados?
54. Target market means .....
55. Which of the following FDI-based modes provides the highest degree of equity control and is associated with internal (organic) resource growth?
56. The UK relies on common law instead of a written constitution, as stated by the speaker.
57. Apa alasan lain yang membuat negara-negara mempromosikan kepentingan produsen domestik dalam perdagangan internasional?
58. When one country refuses to trade with another country because of political or infringements of human rights it is called:
59. What is the significance of committing to diversity and inclusion in global markets?
60. How does Unilever balance global integration with local responsiveness?