This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 32 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 32 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Apa yang dimaksud dengan regional economic integration? A) Integrasi ekonomi antara negara-negara di seluruh dunia. B) Integrasi ekonomi antara negara-negara di satu wilayah geografis. C) Integrasi ekonomi antara negara-negara yang memiliki kesamaan budaya. D) Integrasi ekonomi antara negara-negara yang memiliki kesamaan bahasa. E) Integrasi ekonomi antara negara-negara yang memiliki kesamaan agama. Show Answer Correct Answer: B) Integrasi ekonomi antara negara-negara di satu wilayah geografis. 2. Value added tax is added only when the final product is sold to the consumer. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 3. Which of the following is NOT an example of a trade barrier? A) Political. B) Emotional. C) Physical. D) Cultural. Show Answer Correct Answer: B) Emotional. 4. Strategic alliances allow firms to share risks and access partner specific assets while maintaining independent legal ownership. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 5. By the late 1990s, how many countries had applied for EU membership? A) 10. B) 12. C) 13. D) 15. Show Answer Correct Answer: C) 13. 6. Why are grants considered unique? A) They do not require repayment. B) They are only available to businesses. C) They must be repaid with interest. D) They are only given to individuals. Show Answer Correct Answer: A) They do not require repayment. 7. Which of the following is not a component of the Basic Business Structure as shown in the diagram? A) Ethics. B) International Business. C) Technology. D) Accounting. Show Answer Correct Answer: C) Technology. 8. Which of the following is NOT a geographical condition? A) Climate. B) Nearest body of water. C) Livestock. D) Trade Laws. Show Answer Correct Answer: D) Trade Laws. 9. Minimum barriers or restrictions; however, circumstances arise when it is necessary to have barriers is ..... A) Guarded Trade. B) Partnership. C) Free Trade. D) Competition. Show Answer Correct Answer: C) Free Trade. 10. If an industry is mature or an oligopoly, what is the desirability of increasing industry supply through acquisition? A) High. B) Moderate. C) Low. D) Unaffected. Show Answer Correct Answer: C) Low. 11. In order for all of your business's processes, procedures and standards to be effective, they must be:documented A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 12. UNIT 3:ABOUT WHERE YOU WORK'dialogue'A:Are there ..... restaurants nearby?B:No. there aren't. A) Some. B) Are. C) Any. D) Few. Show Answer Correct Answer: C) Any. 13. Which of the following is a characteristic of a high-context culture? A) Communication is explicit and direct. B) Reliance on non-verbal cues and context. C) Written agreements are prioritized. D) Minimal importance given to relationships. Show Answer Correct Answer: B) Reliance on non-verbal cues and context. 14. Brazilians, like the U.S., communicate directly and you have to be careful with the use of slang. Their communication style is A) High-context. B) Low-context. C) All the above. D) None of the above. Show Answer Correct Answer: B) Low-context. 15. What does FOB stand for in shipping terms? A) Free of Borders. B) First Order Buyer. C) Free on Board. D) Freight Over Budget. Show Answer Correct Answer: C) Free on Board. 16. What is a multilateral development bank (MDB)? A) A partnership formed to create competitive advantage. B) An internationally supported bank that provides loans to developing countries. C) A firm that operates on a worldwide scale. D) An independent agency of the U.S. government. Show Answer Correct Answer: B) An internationally supported bank that provides loans to developing countries. 17. Mengapa banyak negara cenderung campur tangan dalam perdagangan internasional meskipun berkomitmen pada perdagangan bebas? A) Untuk mengurangi kepentingan kelompok masyarakat. B) Untuk melindungi kepentingan kelompok politik yang berpengaruh. C) Untuk melindungi kepentingan produsen lokal. D) Untuk meningkatkan keamanan nasional. Show Answer Correct Answer: B) Untuk melindungi kepentingan kelompok politik yang berpengaruh. 18. To make products by hand or machinery A) Manufacture. B) Resource. C) Translate. D) Embargo. Show Answer Correct Answer: A) Manufacture. 19. Mercantilism is the earliest theories on international trade. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 20. These countries border South Africa A) Egypt and Tanzania. B) Namibia and Botswana. C) Namibia and Sudan. D) Mozambique and Somalia. Show Answer Correct Answer: B) Namibia and Botswana. 21. A telephone is an example of a A) Service. B) Good. C) All the above. D) None of the above. Show Answer Correct Answer: B) Good. 22. Name two advantages of international trade. A) Higher costs and reduced efficiency. B) Increased bureaucracy and paperwork. C) Increased efficiency and lower costs, and access to new markets and resources. D) Limited access to new markets and resources. Show Answer Correct Answer: C) Increased efficiency and lower costs, and access to new markets and resources. 23. Which issue has further complicated WTO negotiations in recent years? A) Climate change. B) Agricultural subsidies. C) Tariffs on textiles. D) IP protection. Show Answer Correct Answer: A) Climate change. 24. Unfavorable balance of payment it also termed as ..... A) Surplus. B) Adverse. C) All the above. D) None of the above. Show Answer Correct Answer: B) Adverse. 25. How do multinational enterprises (MNEs) typically contribute to sustainable development? A) By avoiding international regulations. B) By focusing solely on short-term profits. C) By integrating sustainable practices into their global operations. D) By limiting their market reach to domestic markets. Show Answer Correct Answer: C) By integrating sustainable practices into their global operations. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 10 International Business Quiz 1Class 11 Business Studies Chapter 10 International Business Quiz 2Class 11 Business Studies Chapter 10 International Business Quiz 3Class 11 Business Studies Chapter 10 International Business Quiz 4Class 11 Business Studies Chapter 10 International Business Quiz 5Class 11 Business Studies Chapter 10 International Business Quiz 6Class 11 Business Studies Chapter 10 International Business Quiz 7Class 11 Business Studies Chapter 10 International Business Quiz 8Class 11 Business Studies Chapter 10 International Business Quiz 9Class 11 Business Studies Chapter 10 International Business Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books