List of International Business MCQ
This is a list of International Business MCQ questions with answers. These IB multiple-choice questions will help to study International Trade, International Marketing, and international finance concepts.
MBA, MMS, MCA, BBA, B. Com, BBA, PGDM, IBM specialization, and other management students can use these MCQs for international business management. It’s also useful for NET, SET, and Ph.D. entrance exams. Join Our Telegram Channel.
List of International Business MCQ
The first phase of globalization started around 1870 and ended with …..
a. World War I
b. World War II
c. The Establishment of GATT
d. In 1913 when GDP was High
Ans: a
IBRD (International Bank for Reconstruction and Development) also known as
a. Exim Bank
b. World Bank
c. International Monetary fund
d. International Bank
Ans: b
Ultimately ………………was replaced by the …………….on 1st Jan 1995
a. GATS, WTO
b. WTO, GATT
c. GATT, WTO
d. IMF, GATT
Answer: c
Which is the right sequence of stages of Internationalization
a. Domestic, Transnational, Global, International, Multinational
b. Domestic, International, Multinational, Global, Transnational
c. Domestic, Multinational, International, Transnational, Global
d. Domestic, International, Transnational, Multinational, Global
Answer: b
Subsidiaries consider the regional environment for policy / Strategy formulation is known as
a. Polycentric Approach
b. Regiocentric Approach
c. Ethnocentric Approach
d. Geocentric Approach
Answer: b
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. Hecksher Theory
Answer: c
The Theory of Absolute Cost Advantage is given by
a. David Ricardo
b. Adam Smith
c. F W Taylor
d. Ohlin and Heckscher
Answer: b
The Theory of Relative Factor Endowments is given by
a. David Ricardo
b. Adam Smith
c. F W Taussig
d. Ohlin and Hecksher
Answer: d
- The theory of comparative cost advantage is given by
a. David Ricardo
b. Adam Smith
c. F W Taussig
d. Ohlin and Hecksher
Answer: a
……………is the application of knowledge which redefines the boundaries of global business
a. Cultural Values
b. Society
c. Technology
d. Economy
Answer: c
Capitalistic, communistic and Mixed are the types of
a. Economic System
b. Social System
c. Open Account
d. Drafts
Answer: b
