INTERNATIONAL BUSINESS- MOCK TEST BATCH 2019
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Q1           Score:  2.33
 SAARC
 CBDT
 ASEAN
 NATO
Q2           Score:  2.33
 Difference in factor endowments
 Difference in markets
 Difference in political systems
 NONE OF THESE
Q3           Score:  2.33
 People get foreign exchange
 Nations compete
 Optimum utilisation of country's resources
 Cheaper goods
Q4           Score:  2.33
 IRDA
 IMF
 IDA
 NONE OF THESE
Q5           Score:  2.33
 Buying goods at low prices abroad and selling at higher prices locally
 Expensive goods selling for low prices
 Sale of goods abroad at low a price, below their cost and price in home market
 none of these
Q6           Score:  2.33
 Reduced real living standard
 Decreased efficiency
 Increased efficiency
Q7           Score:  2.33
 We can get gold from abroad
 New technology comes to the country
 We can import goods which are in short supply in Pakistan
Q8           Score:  2.33
 Promote International trade
 Help economically backward countries
 Maintain stable exchange rates
Q9           Score:  2.33
  Macro environment
 MICRO ENVIRONMENT
  External environment
 NONE OF THESE
Q10           Score:  2.33
 equal
 diffreance
 more than each other
 less than
Q11           Score:  2.33
  a b c d I II III IV
  a b c d I III IV II
  a b c d II I IV III
  a b c d III I II IV
Q12           Score:  2.33
 Monetary policy
 Fiscal policy
 Commercial policy
Q13           Score:  2.33
 A & C
 A & B
 ONLY A
 ONLY C
Q14           Score:  2.33
 both are right
 both are wrong
 only (1) statement right
 (1) is wrong (2) right
Q15           Score:  2.33
 (i), (ii), (iii), (iv)
 (ii), (iii), (iv), (v)
 (i), (iii), (v), (vii)
 (iv), (v), (vi), (vii)
Q16           Score:  2.33
 They export primary goods
 They import value added goods
 They export few goods
 (a) and (b) of above
Q17           Score:  2.33
  Outside environment
  Indirect environment
 Economic Community
 general environment
Q18           Score:  2.33
 Increase
 Decrease
 constant
Q19           Score:  2.33
 Robbins and Ricardo
 Adam Smith and Marshall
 Heckcsher and Ohlin
 none of these
Q20           Score:  2.33
  Bhutan, Romania, Indonesia, Chile and South Korea
  Brazil, Russia, Indonesia, Chila and Sudan
 Brazil, Russia, India, China and South Africa
Q21           Score:  2.33
 Mean the trade agreement between trading countries
 Is another name of exchange ratio of two currencies
 Are determined by the price index of export and import goods
 NONE OF THESE
Q22           Score:  2.33
 Increases the volume of trade
 Reduces the volume of trade
 constant
Q23           Score:  2.33
 Prices of local goods rise
 Government looses income from custom duties
 none of these
 National resources are underutilized
Q24           Score:  2.33
 European Currency
 Group of European Countries
 European Film Festival
 Pollution central Scale
Q25           Score:  2.33
 Consumers have to pay higher prices
 Producerrs get higher profits
 Quality of goods may be affected
 all of the above
Q26           Score:  2.33
 Comparative cost theory
 The theory of Absolute Advantage
 Factor Endowment theory
 Mercantilist theory
Q27           Score:  2.33
 TRIPS
 Ministerial Conference
 TRIMS
 TRAI
Q28           Score:  2.33
 only a
 only b
 a & b
 only c
Q29           Score:  2.33
 Increases employment opportunities
 Increases international mobility of labour
 Increases competition
Q30           Score:  2.33
  A ONLY
 C ONLY
 D ONLY
 B ONLY
  C & D ONLY
Q31           Score:  2.33
 A ONLY
 BOTH A & B
 B & C
 ONLY C
Q32           Score:  2.33
 Conflicts
 Cooperation
 Hatred
 Both (a) & (b)
Q33           Score:  2.33
 A bank agreeing to accept and pay on due date
  A letter containing conditions of credit purchase or sale
 A letter sent by exporter to importer sanctioning credit dial.
Q34           Score:  2.33
  Technological
  Demographic
 Economics
 NONE OF THESE
Q35           Score:  2.33
 only 1
 only 2
 only 3
 all of the above
Q36           Score:  2.33
 Different tax system
 Frontier checks
 National currencies
 Reduced tariffs
Q37           Score:  2.33
 Licensing
 Franchising
 International Trade
 The establishment of new subsidiaries
Q38           Score:  2.33
 Adam Smith
 Ricardo
 Hicks
 NONE OF THESE
Q39           Score:  2.33
  Borrowings and lending’s to and from abroad.
 Investments to and from abroad
  Changes in foreign exchange reserves, (or any other way to describe components)
Q40           Score:  2.33
 Trade between provinces
 Trade between regions
 Trade between countries
 (b) and (c) of above
Q41           Score:  2.33
 4.6 percent
 6.4 percent
 7.1 percent
 8.9 percent
Q42           Score:  2.33
 Cost ratios are different
 Tariff rates are different
 Price ratios are different
 (a) and (c) of above
Q43           Score:  2.33
 Trade restrictions
 Immobility of factors
  Different government policies
 all of the above


   



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