International Business 2 Class 12 MCQs Questions with Answers

1. Key controllable factors in global marketing are

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

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

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

5. The theory of comparative cost advantage is given by

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

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

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

9. The Theory of Absolute Cost Advantage is given by

10. Globalization refers to:

11. IPR stands for

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

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

14. Capitalistic, communistic and Mixed are the types of

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

16. Comparative Cost Trade Theory is given by

17. SMEs stands for:

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

19. WTO stands for

20. MNC Stands for