Iibm - International Trade

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International Trade

Multiple Choices:

Q1. _________is beneficial between two nations that have strong markets in two different sectors.

a. Economic Growth

b. International Trade

c. Trade Integration

d. Trade Diversion

Q2. What is the full form of UNCTAD?

a. United Nation Conference on Trade and Development

b. Union Nations Committee of Trade and Development

c. Union Nations Conference on Trade and Development

d. None of the above

Q3. ______is fixed through negotiation between the importing country and the exporting country.

a. Tariff Quota

b. Bilateral Quota

c. Mixing Quota

d. Unilateral Quota

Q4. Under which Act Reserve Code Number is required?

a. Foreign Exchange Regulation Act

b. Custom Act

c. Export Import Control Act

d. Foreign Trade Act

Q5. Which policy of the government will have a direct bearing on the exchange rate of the country?

a. Fiscal Policy

b. Instrument of Trade Policy

c. Monetary Policy

d. Both ‘a’ & ‘c’

Q6. Which scheme helps the exporters in procuring imported raw materials?

a. IES

b. C.C.S.

c. IRS

d. None of the above

Q7. Which of the following factor affecting the Exchange rate?

a. Purchasing power Parity

b. Exchange Control

c. Balance of Payments

d. All of the above

Q8. The system of permitting the currencies to move within a band is called_________

a. Snake in the tunnel

b. Turtle Device

c. UNCTAD

d. None of the above

Q9. Periodic, as often as daily devaluations of pre-announced magnitude means______

a. Managed Float Regime

b. The crawling Peg Regime

c. Single currency Peg

d. Composite currency Peg

Q10. The Export Policy of Government of India can be divided into_______ distinct phases.

a. 2...