McqMate
Chapters
1. |
The main reason behind MNCs investments are |
A. | to benefit foreign countries |
B. | to provide financial support to the country’s government |
C. | for the welfare of underprivileged people. |
D. | to increase the assets and earn profits. |
Answer» D. to increase the assets and earn profits. |
2. |
Which institute supports investments and foreign trade in India? |
A. | international monetary fund (imf) |
B. | world trade organisation (wto) |
C. | world bank |
D. | international labour organisation (ilo) |
Answer» B. world trade organisation (wto) |
3. |
Within an international context, what are 'economies of scope' synonymous with? |
A. | decreased cost per unit of output. |
B. | buying components in bulk. |
C. | reusing a resource from one business/country in additional businesses/countries. |
D. | all of the above. |
Answer» D. all of the above. |
4. |
According to the concept of the value chain, of an international firm is profitable if: |
A. | the value it commands exceeds the costs involved in creating the product |
B. | the value it commands is lower than the costs involved in creating the product |
C. | it operates in global industries |
D. | the value it commands equals the costs involved in creating the product. |
Answer» A. the value it commands exceeds the costs involved in creating the product |
5. |
When Safeway supermarkets in the United States buys strawberries from Mexico, |
A. | it must use dollars to pay mexican farmers. |
B. | it may use any currency it chooses. |
C. | it must use pesos to pay mexican farmers. |
D. | the transaction shows up in the u.s. capital account. |
Answer» C. it must use pesos to pay mexican farmers. |
6. |
A country records its international finance accounts in it’s |
A. | balance of payments accounts. |
B. | import/export log accounts. |
C. | trade payments accounts. |
D. | net exports payments account. |
Answer» A. balance of payments accounts. |
7. |
Which organisations strain on the liberalisation of foreign investment and foreign trade? |
A. | international monetary fund |
B. | world health organisation |
C. | world trade organisation |
D. | international labour organisation |
Answer» C. world trade organisation |
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