International Business 2 Class 12 MCQs Questions with Answers

1. Which of the following documents is not required in connection with an import transaction?

2. ………………corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa.

3. Capitalistic, communistic and Mixed are the types of

4. The document containing the guarantee of a bank to honour drafts drawn on it by an exporter is

5. TRIP is one of the WTO agreements that deal with

6. SMEs stands for:

7. The Theory of Absolute Cost Advantage is given by

8. Which one of the following is not a document related to fulfill the customs formalities

9. WTO stands for

10. IPR stands for

11. The first phase of globalization started around 1870 and ended with …..

12. Comparative Cost Trade Theory is given by

13. Key controllable factors in global marketing are

14. Ultimately ………………was replaced by the …………….on 1st Jan 1995

15. …..is only a legal agreement and it is not an institution, but ….. is a permanent institution.

16. Which of the following does not belong to the World Bank group?

17. The theory of comparative cost advantage is given by

18. MNC Stands for

19. Subsidiaries consider the regional environment for policy / Strategy formulation is known as

20. Globalization refers to: