International Business 2 Class 12 MCQs Questions with Answers

1. Key controllable factors in global marketing are

2. Ultimately ………………was replaced by the …………….on 1st Jan 1995

3. Which of the following does not belong to the World Bank group?

4. The first phase of globalization started around 1870 and ended with …..

5. The theory of comparative cost advantage is given by

6. The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is

7. Which of the following documents is not required in connection with an import transaction?

8. IPR stands for

9. Which one of the following is not a document related to fulfill the customs formalities

10. MNC Stands for

11. …..is only a legal agreement and it is not an institution, but ….. is a permanent institution.

12. Subsidiaries consider the regional environment for policy / Strategy formulation is known as

13. Capitalistic, communistic and Mixed are the types of

14. Comparative Cost Trade Theory is given by

15. The Theory of Absolute Cost Advantage is given by

16. ………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.

17. SMEs stands for:

18. Globalization refers to:

19. WTO stands for

20. TRIP is one of the WTO agreements that deal with