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11th Standard Commerce International Business English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  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. Movement Of Goods, Services among the Countries

    (a)

    International Trade

    (b)

    International Business

    (c)

    Enterepot Trade

    (d)

    Internal Trade

  3. Which one of the following is not the disadvantages of international business?

    (a)

    Economic Dependence

    (b)

    Import of harmful goods

    (c)

    Misuse of natural resources

    (d)

    International.peace

  4. The importance centre for entrepot

    (a)

    London

    (b)

    Singapore

    (c)

    Hong Kong

    (d)

    All the above

  5. In due course __________ was replaced by ______ on 1st January 1995.

    (a)

    GATO, WTO

    (b)

    ETO, GATT

    (c)

    GATT, WTO

    (d)

    IMF, GATT

  6. The first step in the internationalization process is _________.

    (a)

    License

    (b)

    Foreign Investment

    (c)

    Sales

    (d)

    Export

  7. Trade between people of many countries is called ................

    (a)

    home trade

    (b)

    trade

    (c)

    bilateral trade

    (d)

    multilateral trade

  8. .............trade equalizes the prices of goods throughout the world.

    (a)

    Home

    (b)

    Internal

    (c)

    Foreign

    (d)

    Water

  9. Business agreement wherein parties agree to develop a new entity?

    (a)

    Partnership

    (b)

    Joint Venture

    (c)

    Sole Trading

    (d)

    None of these

  10. Investment made by a company in one country. to another country is called ................

    (a)

    Foreign Exchange

    (b)

    Foreign Trade

    (c)

    Foreign Direct Investment

    (d)

    None of these

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