International Business 1 Class 12 MCQs Questions with Answers

1. …….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.

2. According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.

3. Select example of Indian Multinational Company

4. Which is not an Indian Multinational Company?

5. IBRD (International Bank for Reconstruction and Development) also known as

6. _______ is the first step in the internationalization process

7. Which one of the following is not amongst India’s major trading partners?

8. Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as

9. Which of the following is not a force in the Porter Five Forces model?

10. Which is the right sequence of stages of Internationalization

11. ……………is the application of knowledge which redefines the boundaries of global business

12. Which one of the following is not amongst India’s major import items?

13. Which one of the following modes of entry permits greatest degree of control over overseas operations?

14. The —————- company produces, markets, invests and operates across the world

15. The OECD stands for:

16. Which of the following is not an advantage of exporting?

17. Select example of Indian Multinational Company

18. The Theory of Relative Factor Endowments is given by

19. Which one of the following is not amongst India’s major export items?

20. Which one of the following modes of entry brings the firm closer to international markets?