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Question: A contract drafted under civil law differs from that drafted under common law in the following respect
- A. It will be detailed
- B. It will be shorter and less specific
- C. It will provide less severe damages
- D. It will be in detail
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Question: A country in the stage of traditional society is characterized by
- A. existence of traditional rule
- B. non existence of industries
- C. predominance of agriculture
- D. complete absence of literacy
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Question: A country records its international finance accounts in it’s
- A. balance of payments accounts
- B. import/export log accounts
- C. trade payments accounts
- D. net exports payments account
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Question: A country with high uncertainty avoidance will witness
- A. lower level of stress among people
- B. decision taken as a result of group consensus
- C. less dependence on rules and regulations
- D. people are serene
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Question: A firm investing in a foreign country to distribute the products there in creation of
- A. Asset seeking FDI
- B. Backward vertical FDI
- C. Forward vertical FDI
- D. Distribution FDI
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Question: A Most Favoured nation status doesn’t necessarily refer to
- A. Same and equal economic treatment
- B. Non-discriminatory treatment
- C. Same tariff rates applicable
- D. Uniform civil code
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Question: According to economic growth model of Rostow, passage of a country through the stages is
- A. in the order specified
- B. in any order
- C. in the order specified, but certain stages may be skipp
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Question: According to the concept of the value chain, of an international firm is profitable if:
- A. the value it commands exceeds the costs involved in creating the product
- B. the value it commands is lower than the costs involved in creating the product
- C. it operates in global industries
- D. the value it commands equals the costs involved in creating the product
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Question: According to this theory the holdings of a country’s treasure primarily in the form of Gold Constituted its wealth.
- A. Gold Theory
- B. Ricardo Theory
- C. Mercantilism
- D. H. O. THEORY
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Question: An attribute that doesn’t contribute to Porters Diamond model is
- A. Government
- B. Organized Trade union
- C. Factor Conditions
- D. Demand Conditions
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Question: Analysing the business environment best assists in
- A. Identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses
- B. Auditing macro environmental influences; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats
- C. Auditing external and organisational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats
- D. Assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position
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Question: As per cultural dimensions of Hofstede, masculinity refers to
- A. Male- female ratio in the country
- B. Society dominated by male members
- C. Society characterized by aggressive and materialistic behaviour
- D. War- ridden societies
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Question: B2B sector specific policy of Indian Government is
- A. FDI up to 100% subject to condition that they invest 26 % in favour of Indian Public within 5 yrs
- B. FDI up to 100%
- C. FDI up to 100% subject to condition that they invest 26 % in favor of Indian Public within 10 yrs
- D. FDI up to 49%
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Question: Capitalistic, communistic and mixed are the types of
- A. Economic system
- B. Political system
- C. Social System
- D. Cultural Attitudes
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Question: CISF pricing includes the following
- A. Commission is paid to the agent involved in the transaction
- B. Cost of the goods exported
- C. Freight & Insurance charges for the goods exported
- D. All of the above
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Question: Conglomerate FDI refers to
- A. FDI made by a group of firms
- B. FDI made in subsidiaries
- C. FDI made in similar products
- D. FDI made in unrelated products
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Question: Countries/ regions with huge market size will attract
- A. Market seeking FDI
- B. Efficiency seeking FDI
- C. Vertical FDI
- D. Created assets seeking FDI
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Question: Credits transferable by original beneficiary in favor of secondary beneficiary are known as
- A. Deferred credits
- B. Transit credits
- C. Instalment credits
- D. Transferable credits
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Question: Factor of Interdependence in Multi-domestic strategy is
- A. Low
- B. Moderate
- C. High
- D. Very High
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Question: For a country with relatively lower level of cost of living PPP per capita GNI will be
- A. lower than per capita GNI
- B. higher than per capita GNI
- C. same as per capita GNI
- D. may be lower or higher than per capita GNI
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