International trade and domestic trade differ because of
A. Trade restrictions
B. Immobility of factors
C. Different government policies
D. All of the above

1 Answer

Answer :

All of the above

Related questions

Description : As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn't consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are ... and trade have to be cut back. D. Least developed countries do not need to make any cuts.

Last Answer : Indirect assistance and support to farmers including R & D support by govt. are not permitted.

Description : Quantitative restrictions refer to limit set by countries to curb A. Measures that affect trade in goods. B. Measures that lead to restrictions in quantities. C. Discouraging measures that limit a company’s imports. D. Discouraging measures that limit a company’s exports.

Last Answer : Discouraging measures that limit a company’s exports.

Description : The gains from two nations depend on A. Domestic barter rates B. Different in the domestic barter rates of the two countries C. Terms of trade D. Degree of absolute advantage.

Last Answer : Terms of trade

Description : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Last Answer : Domestic, International, Multinational, Global, Transnational

Description : In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental

Last Answer : Political and environmental

Description : Modern theory of international trade is based on the view of A. Adam Smith B. Ricardo C. Hecksher and Ohlin D. Hicks

Last Answer : Hecksher and Ohlin

Description : Theory of international trade was given by:- A. Adam Smith B. Ricardo C. Hicks D. Ohlin

Last Answer : Ricardo

Description : The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity

Last Answer : Help economically backward countries

Description : Markets in which market offerings are bought from sellers for reselling purpose are known AsA. business markets B. reseller markets C. government markets D. international markets

Last Answer : reseller markets

Description : Markets in which market offerings are bought from sellers for reselling purpose are known AsA. business markets B. reseller markets C. government markets D. international markets

Last Answer : reseller markets

Description : Terms of trade of developing countries are generally favourable because A. They export primary goods B. They import value added goods C. They export few goods D. Both (a) and (b)

Last Answer : Both (a) and (b)

Description : Two countries can gain from foreign trade if A. Cost ratios are differentB. Price ratios are different C. Tariff rates are different D. (a) and (b) above

Last Answer : (a) and (b) above

Description : Trade between two countries can be useful if cost ratio of goods are A. Equal B. Different C. Undetermined D. Zero

Last Answer : Different

Description : With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging ... by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.

Last Answer : Converging upon a global norm.

Description : According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Last Answer : Lock-out

Description : According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of: A. Trade-off B. Lock-in C. Lock-outD. Diversification

Last Answer : Lock-out

Description : Terms of trade of a country show A. Ratio of goods exported and imported B. Ratio of import duties C. Ratio of prices of exports and imports D. (a) and (c) as given above

Last Answer : Ratio of prices of exports and imports

Description : A tariff: A. Increases the volume of trade B. Decreases the volume of trade C. Has no effect on the volume of trade D. Both (b) and (c)

Last Answer : Decreases the volume of trade

Description : If Japan and Pakistan start free trade, cost of wages in two countries will A. Increase B. Decrease C. No effectD. Double

Last Answer : Decrease

Description : Which of the following is a driver of globalization? A. Trade barriers and controls on inflows of foreign direct investment. B. Weak competition. C. Technological advance. D. Economies of scale are being exploited to the maximum.

Last Answer : Trade barriers and controls on inflows of foreign direct investment.

Description : Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Last Answer : Immigration controls

Description : Globalization refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide

Last Answer : . A more integrated and interdependent world

Description : The balance of payments of a country on current account is equal to A. Balance of trade plus short term B. Balance of trade plus net invisible exports C. Balance of payment minus capital flows

Last Answer : Balance of trade plus net invisible exports

Description : IBRD also known as _____. a. Exim Bank b. World Bank c. International Monetary fund d. International Bank

Last Answer : World Bank

Description : IBRD stands for _____. a. International Board for Research and Development b. International Bank for Reconstruction and Development c. International Bank for Research Development d. International Barrier For Reconstruction and Development

Last Answer : International Bank for Reconstruction and Development

Description : Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances

Last Answer : importing and exporting

Description : Classification of international employees include A. expatriates B. host country nationals C. third country nationals D. all of the above

Last Answer : all of the above

Description : Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.

Last Answer : Include body languages

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Cheap International transport.

Description : McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made? A. Business B. Corporate C. Functional D. International

Last Answer : Business

Description : McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made? A. Business B. Corporate C. Functional D. International

Last Answer : Business

Description : According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology

Last Answer : Difference in factor endowments

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Currency crises.

Description : Which of the following is not an International Financial Institution A. ICICI B. IMF C. IDA D. World Bank

Last Answer : ICICI

Description : Which one is not an international organisation A. SAARC B. ASEM C. ASEAN D .CBDT

Last Answer : .CBDT

Description : Which of the following is not an International Financial Institution? A. ICICI B. IMF C. D. IDA World Bank

Last Answer : ICICI

Description : Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above

Last Answer : all of the above

Description : Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Last Answer : social class

Description : Personal factors include A. online communities B. social class C. personality and self-concept D. roles and status

Last Answer : personality and self-concept

Description : A strategic decision can be distinguished from other types of decisions by three factors, these are magnitude, time-scale and: A. Commitment B. Riskiness C. Impact D. Longevity

Last Answer : Riskiness

Description : Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Last Answer : social class

Description : Personal factors include A. online communities B. social class C. personality and self-concept D. roles and status

Last Answer : personality and self-concept

Description : A strategic decision can be distinguished from other types of decisions by three factors, these are magnitude, time-scale and: A. Commitment B. Riskiness C. Impact D. Longevity

Last Answer : Riskiness

Description : Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space ... from ten-year investment projects. D. Indian business is impatient for a return on its investments.

Last Answer : British businesses prefer investments with a quick return.

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

Description : The reason that a nation's cultural differences are the most difficult to gain information about is because __________________. A. people tend to be sensitive about their own culture B. providing ... issue D. natives are least capable of explaining the unique characteristics of their own culture

Last Answer : “natives” are least capable of explaining the unique characteristics of their own culture

Description : 'Reputation' in the context of an organization's resources can provide competitive advantage because: A. It is difficult to copy B. It is based on word-of-mouth C. It is a threshold resource D. It is explicit

Last Answer : It is difficult to copy

Description : 'Reputation' in the context of an organization's resources can provide competitive advantage because: A. It is difficult to copy B. It is based on word-of-mouth C. It is a threshold resource D. It is explicit

Last Answer : It is difficult to copy

Description : Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.

Last Answer : All the options given are correct.