International Business 1 Class 12 MCQs Questions with Answers

1. The Theory of Relative Factor Endowments is given by

2. …….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.

3. Which one of the following is not amongst India’s major export items?

4. _______ is the first step in the internationalization process

5. Which one of the following modes of entry brings the firm closer to international markets?

6. ……………is the application of knowledge which redefines the boundaries of global business

7. According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.

8. Which one of the following is not amongst India’s major trading partners?

9. Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as

10. Select example of Indian Multinational Company

11. Which of the following is not an advantage of exporting?

12. Which of the following is not a force in the Porter Five Forces model?

13. Which is not an Indian Multinational Company?

14. The —————- company produces, markets, invests and operates across the world

15. Select example of Indian Multinational Company

16. Which one of the following is not amongst India’s major import items?

17. The OECD stands for:

18. Which is the right sequence of stages of Internationalization

19. IBRD (International Bank for Reconstruction and Development) also known as

20. Which one of the following modes of entry permits greatest degree of control over overseas operations?