Business Environment and International Business MCQs

Which of the following statements is/are incorrect?

Under TRIPS Agreement, patent is granted subject to which of the following? (1) The product or the process is new one. (2) It contains an inventive step. (3) It is capable of industrial application for 15 years from the grant of the patent. (4) It is capable of industrial application for 20 years from the grant of the patent.

Consider the following statements and identify the right ones. 1. A double entry system of record of all economic transactions between the residents of a country and rest of the world is called balance of trade. 2. All transactions related to goods, services or income are classified as capital account.

Rapid economic development or economic growth requires most efficient use of the

What is the situation referred to as, amongst the following, when intra-region trade is duty free but there is variation in tariff structure for import from a third country?

Flow of foreign loans and investments affect:

Which of the following statement is incorrect?

Match the items of List-I with List-II and indicate the correct answer. List-I List-II a. Fiscal Policy 1. Mitigation of National hazards b. Technology Policy 2. Balance of Payment c. Macro-Economic Policy 3. Fiscal Federalism d. Monetary Policy 4. Inflation

Which of the following statements is/are correct?