Business Environment and International Business MCQs

India is the . . . . . . . . member of IMF.

Enjoying comparative advantage for a country means having a . . . . . . . . opportunity cost of domestically producing a commodity than the other country.

Which of the following pair(s) is fare not correct?

Match the following. List-I (Concepts) List-II (Advantages) a. International Monetary Fund 1. Risk factor is always extremely high b. International Finance Corporation 2. It has failed to achieve of eliminating foreign exchange restrictions c. Foreign Direct Investment 3. It may transfer technology, which has become outdated in other country d. MNCs for the host country 4. It charges very high interest rates

Globalisation is an example of which macro environment factor?

Which of the following is not an International Financial Institution?

Match the following. List-I List-II a. Capitalist economy is the economy in which 1. Condition of complete employment b. Main feature of capitalist economy 2. Mixed economy c. Main feature of socialist economy is 3. Skilled production d. Capitalist and socialist economy includes 4. Individual ownership own main sources of production and distribution

This person wrote 'The Wealth of Nations' and believed the government should have a limited role in business.

The current account is made up of