Business Environment and International Business MCQs

Which among the following are criticisms given against World Trade Organization (WTO)? (1) It is not a democratic and transparent institution. (2) It has domination of international trade by rich countries for the benefit of their individual interests. (3) It encourages a 'race to the bottom' in wages by pitting workers against each other rather than promoting internationally recognized labour standards. (4) It is seeking to privatize essential public services.

Which of the following is not a forum of Consumer Dispute Redressal System?

Match the following components of Business Environment. List-I List-II a. Economic environment 1. EXIM policy b. Social environment 2. Customs c. Political environment 3. Social values d. Legal environment 4. Business Law and Banking Act

Match the items of List-II with the items of List-I relating to liberalization of agricultural trade. List-I List-II a. Tariffication 1. They have demonstrably adverse effects on other member countries. b. Prohibited subsidies 2. They act on goods which are contingent upon export performance. c. Actionable subsidies 3. Replacement of existing non-tariff restrictions. d. Non-actionable subsidies 4. For industrial research in disadvantaged regions.

Which of the following are engaged in external influence?

What of the following can be significant benefit of analyzing and understanding business environment?

Foreign exchange reserves include

Which of the following countries are 'Blend Borrowers'?

Each country in IMF nominates a (an) . . . . . . . . Governor who casts vote in the absence of the Governor.