International Business MCQ Question with Answer

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

Question No : 8
Quantitative restrictions refer to limit set by countries to curb

Imports

Exports

Imports & exports

None of the above

Question No : 9
The following factor does not differentiate international business from domestic business

different currencies

product quality

product mobility

trade policies

Question No : 10
According to economic growth model of Rostow, passage of a country through the stages is

in the order specified.

in any order.

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

automatic.

Question No : 11
The stage indicating highest level of economic growth is

age of mass consumption.

age of mass production.

maturity.

drive to maturity.

Question No : 12
Which is the right sequence of a stages of Internationalization

Domestic, Transnational, Global, International, Multinational

Domestic, International, Multinational, Global, Transnational

Domestic, Multinational, International, Transnational, Global

Domestic, International, Transnational, Multinational, Global

Question No : 13
Quantitative restrictions refer to limit set by countries to curb

Imports

Exports

Imports and Exports

All of the above

Question No : 14
Firm that operates internationally is able to

earn a greater return from their skills and core competencies

realize location economies where they can be performed most efficiently

realize greater experience curve economies, which reduces the cost of production

All the above