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IB MCQs
IB MCQs
pts
International Business involves crossing frontiers and holding
business transactions with
Group of answer choices
Adaptation
Modification
Alteration
Flag question: Question 3
Question 31 pts
Factors of production does not involve
Group of answer choices
Capital
Competition
Labor
Land
Flag question: Question 4
Question 41 pts
International Business transaction involves
Group of answer choices
Multiple Currencies
Dual Currency
Single Currency
1915
1911
1919
1914
Flag question: Question 6
Question 61 pts
--------- was replaced by ………… on 1st January 1995
Group of answer choices
WTO, GATT
GATT, WTO
IMF, GATT
IDRD, WTO
Flag question: Question 7
Question 71 pts
Globalization 4.0 involves mainly
Group of answer choices
Increased competition
Disruption of Technology
Flag question: Question 8
Question 81 pts
Challenges of globalization includes
Group of answer choices
Atomic Energy/Railways
Lottery business
Flag question: Question 10
Question 101 pts
MNC is a company that has business operations in atleast --------
country other than its home country.
Group of answer choices
1
Week-02_Quiz
Question 11 pts
Which of the following is the headquarters of World Trade
Organisation (WTO)
Group of answer choices
Geneva
Madrid
Paris
New York
Question 21 pts
The number of principal organs of UNO
193
184
154
196
1944
1950
1934
1946
Flag question: Question 5
Question 51 pts
What are the sources of IMF fund
Quotas
Credit Arrangements
Quality
Quantity
Country of origin
Required documentation
Quiz 3
Question 1
Outsourcing a part of or entire production and concentrating on
marketing operations in international business is known as
Contract manufacturing
Franchising
Joint venture
Licensing
Question 2
The mode of entry into international business with least risk to
the firm is:
Indirect exports
Direct exports
Management contract
Contract Manufacturing
Question 3
When two or more firms come together to create a new business
entity that is legally separate and distinct from its parents it is
known as
Contract manufacturing
Franchising
Licensing
Joint ventures
Question 4
Which one of the following modes of entry permits greatest
degree of control over overseas operations?
Question 5
Which of the following is NOT a mode of entry into foreign
markets?
Export
Internationalization
Franchising
International joint venture
Question 6
De-internationalization can be the result of two different
processes:
Question 8
Contract Manufacturing is a form of _________
Acquisition
Joint venture
Licensing
Franchising
Question 9
Which of the following is NOT a strategic alliance?
Joint venture
Joint marketing campaign
Merger
Question 10
The average life span for a strategic alliance is about:
3 years
5 years
10 years
7 years
Quiz 4
Question 11 pts
A mixed economy is a combination of:
Capitalism and Socialism
Market and Socialism
Free and Capitalism
None of the given option
Market Size
Competition
Demand for the product
Purchasing Power Parity
Japan
USA
China
UK
Sixth
Third
Fifth
Tenth
The total value of goods and services produced in the country and
the net factor income from abroad.
The total value of goods and services produced in the country
The total value of all the transactions in the country
The depreciation in the total value of goods and services produced in
the country