International Business 2 Class 12 MCQs Questions with Answers

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

2. Capitalistic, communistic and Mixed are the types of

3. Comparative Cost Trade Theory is given by

4. WTO stands for

5. SMEs stands for:

6. The Theory of Absolute Cost Advantage is given by

7. The theory of comparative cost advantage is given by

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

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

10. Key controllable factors in global marketing are

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

12. IPR stands for

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

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

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

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

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

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

19. Globalization refers to:

20. MNC Stands for