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INTERNATIONAL BUSINESS- MOCK TEST BATCH 2019
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JUST PUT YOUR NAME AND STUDENTS PASSCODE - BATCH01
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Right to left
Left to right
Q1
Score: 2.33
A ONLY
BOTH A & B
B & C
ONLY C
Q2
Score: 2.33
Bhutan, Romania, Indonesia, Chile and South Korea
Brazil, Russia, Indonesia, Chila and Sudan
Brazil, Russia, India, China and South Africa
Q3
Score: 2.33
Comparative cost theory
The theory of Absolute Advantage
Factor Endowment theory
Mercantilist theory
Q4
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
Q5
Score: 2.33
People get foreign exchange
Nations compete
Optimum utilisation of country's resources
Cheaper goods
Q6
Score: 2.33
Macro environment
MICRO ENVIRONMENT
External environment
NONE OF THESE
Q7
Score: 2.33
only 1
only 2
only 3
all of the above
Q8
Score: 2.33
Monetary policy
Fiscal policy
Commercial policy
Q9
Score: 2.33
Increase
Decrease
constant
Q10
Score: 2.33
Adam Smith
Ricardo
Hicks
NONE OF THESE
Q11
Score: 2.33
Reduced real living standard
Decreased efficiency
Increased efficiency
Q12
Score: 2.33
A ONLY
C ONLY
D ONLY
B ONLY
C & D ONLY
Q13
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.
Q14
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
Q15
Score: 2.33
Trade restrictions
Immobility of factors
Different government policies
all of the above
Q16
Score: 2.33
Trade between provinces
Trade between regions
Trade between countries
(b) and (c) of above
Q17
Score: 2.33
They export primary goods
They import value added goods
They export few goods
(a) and (b) of above
Q18
Score: 2.33
TRIPS
Ministerial Conference
TRIMS
TRAI
Q19
Score: 2.33
equal
diffreance
more than each other
less than
Q20
Score: 2.33
Different tax system
Frontier checks
National currencies
Reduced tariffs
Q21
Score: 2.33
only a
only b
a & b
only c
Q22
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)
Q23
Score: 2.33
(i), (ii), (iii), (iv)
(ii), (iii), (iv), (v)
(i), (iii), (v), (vii)
(iv), (v), (vi), (vii)
Q24
Score: 2.33
Licensing
Franchising
International Trade
The establishment of new subsidiaries
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
A & C
A & B
ONLY A
ONLY C
Q27
Score: 2.33
Increases the volume of trade
Reduces the volume of trade
constant
Q28
Score: 2.33
both are right
both are wrong
only (1) statement right
(1) is wrong (2) right
Q29
Score: 2.33
4.6 percent
6.4 percent
7.1 percent
8.9 percent
Q30
Score: 2.33
Increases employment opportunities
Increases international mobility of labour
Increases competition
Q31
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
Q32
Score: 2.33
Robbins and Ricardo
Adam Smith and Marshall
Heckcsher and Ohlin
none of these
Q33
Score: 2.33
SAARC
CBDT
ASEAN
NATO
Q34
Score: 2.33
Outside environment
Indirect environment
Economic Community
general environment
Q35
Score: 2.33
Cost ratios are different
Tariff rates are different
Price ratios are different
(a) and (c) of above
Q36
Score: 2.33
European Currency
Group of European Countries
European Film Festival
Pollution central Scale
Q37
Score: 2.33
Technological
Demographic
Economics
NONE OF THESE
Q38
Score: 2.33
Difference in factor endowments
Difference in markets
Difference in political systems
NONE OF THESE
Q39
Score: 2.33
Promote International trade
Help economically backward countries
Maintain stable exchange rates
Q40
Score: 2.33
IRDA
IMF
IDA
NONE OF THESE
Q41
Score: 2.33
Prices of local goods rise
Government looses income from custom duties
none of these
National resources are underutilized
Q42
Score: 2.33
Conflicts
Cooperation
Hatred
Both (a) & (b)
Q43
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
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