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International Business MCQ Question with Answer

International Business MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 22
Theory of Mercantilism propagates

Encourage imports and exports
Encourage exports and discourage imports
Discourage imports
None of these
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Question No : 23
Power distance Index (PDI) of 77 compared to a world average of 56.5 for India indicates

High level of inequality of power and wealth within the society
Low level of inequality of power and wealth within the society
High level of Political corruption
Low level of Human development Index
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Question No : 24
The essential feature of FDI is

Investment of a very high value.
Investment in shares.
Investors influence on the management of the enterprise.
Investment of low value.
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Question No : 25
The world trade organization was formed in the year _________ with GATT as it basis.

1992
1993
1995
1994
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Question No : 26
When the transaction is of high value, complex In nature and more technical __________ method of the export sales contract is used.

Performa invoice
Purchase order
Sales contact
None of the above
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Question No : 27
The country that attract the largest FDI inflow is

USA
INDIA
CHINA
BRAZIL
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Question No : 28
9.The theory of Comparative cost advantage is given by

Porter
Adam Smith
Varnoon
D. Richardo
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