New ! Commerce MCQ Practise Tests



International Business Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    3 x 1 = 3
  1. Movement of goods, services, intellectual property, human assets, technology and so on among the countries.

    (a)

    International Trade

    (b)

    International Business

    (c)

    Entrepot Trade

    (d)

    Internal Trade

  2. Goods are imported for purpose of re-export to another country is termed as______

    (a)

    Import Trade

    (b)

    Export Trade

    (c)

    Entrepot Trade

    (d)

    International Trade

  3. Selling of Goods from home country to foreign country is called______.

    (a)

    Home Trade

    (b)

    Entrepot Trade

    (c)

    Foreign Trade

    (d)

    Joint Venture

  4. 3 x 2 = 6
  5. What is meant by Export Trade?

  6. What is meant by Entrepot Trade?

  7. Give any two reasons for International business.

  8. 2 x 3 = 6
  9. What is the necessity for entrepot trade?

  10. What are the limitations of international business?

  11. 2 x 5 = 10
  12. Enumerate the disadvantages of International Trade?

  13. Distinguish between internal and international trade.

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