A. Ohilin-Hecksher

B. FY Taylor

C. Richardo

D. Porter

A. as a Greenfield venture.

B. to acquire an existing firm.

C. to have products marketed overseas.

D. to have management is overseas.

A. The extent to which an individual can move the strata to which he/she belongs.

B. The promptness with which an individual accepts foreign assignments.

C. The extent to which inter- caste marriage is encouraged by the society.

D. The extent to which the society as a whole shifts its habitat.

A. The World War I

B. The World War II

C. The Establishment of GATT

D. In 1913 when GDP was high

A. Income level.

B. caste.

C. education.

D. any of the above.

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

A. age of mass consumption.

B. age of mass production.

C. maturity.

D. drive to maturity.

A. Licensing

B. Exporting

C. Wholly owned subsidiaries

D. Foreign Direct Investment

A. attitude towards entrepreneurship.

B. gifting practices.

C. use of products.

D. all of the above.

A. Standardization v/s adaptation

B. Globalization v/s localization

C. Global integration v/s Local Responsiveness

D. Local responsiveness

A. FDI made by a group of firms.

B. FDI made in subsidiaries.

C. FDI made in similar products.

D. FDI made in unrelated products.

A. Male- female ratio in the country.

B. Society dominated by male members.

C. Society characterized by aggressive and materialistic behaviour.

D. War- ridden societies.

A. Imports

B. Exports

C. Imports and Exports

D. All of the above

A. GATT/WTO

B. GATS/IMF

C. WTO/WORLD BANK

D. WORLD BANK/WIPO

A. Proforma invoice

B. Purchase order

C. Sales contract

D. All the above

A. in the order specified.

B. in any order.

C. in the order specified, but certain stages may be skipped.

D. automatic.

A. Language

B. Laws, rules and regulations

C. Cost of resources

D. Infrastructure related factors

A. Countries specializing in production of goods they are best suited for.

B. Reduction in taxes.

C. Increased factor income.

D. Encouraging competition.

A. Investment of a very high value.

B. Investment in shares.

C. Investors influence on the management of the enterprise.

D. Investment of low value.

A. Can earn a return on knowledge asset

B. Will not create a competitor

C. Tight control of operations

D. All the above

A. Ohilin-Hecksher

B. FY Taylor

C. Richardo

D. Porter

A. Global

B. International

C. Multi-domestic

D. Transnational

A. Innovation is encouraged.

B. International cooperation is encouraged.

C. Imports are rendered cheap.

D. Consumption is minimized.

A. India

B. China

C. USA

D. Brazil

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 abroad.

A. Attitudes.

B. Beliefs.

C. Education.

D. Life expectancy.

A. existence of traditional rule.

B. non existence of industries.

C. predominance of agriculture.

D. complete absence of literacy.

A. Subsidiary

B. Joint venture

C. Strategic International Alliance

D. License agreement

A. Government action, exchange rates, competition and sociodemographic factors.

B. Market convergence, competition, exchange rates and cost advantages.

C. Cost advantages, government action, economic cycles and competition.

D. Market, cost, competition and government policies.

A. Market seeking FDI.

B. Efficiency seeking FDI.

C. Vertical FDI.

D. Created assets seeking FDI.

A. recession.

B. depression.

C. recovery.

D. recession or depression.