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11th Standard English Medium Commerce Subject International Business Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  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. Movement of Goods, Services among the Countries.

    (a)

    International Trade

    (b)

    International Business

    (c)

    Enterepot Trade

    (d)

    Internal Trade

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

    (a)

    Home Trade

    (b)

    Entrepot Trade

    (c)

    Foreign Trade

    (d)

    Joint Venture

  5. Which one of the following is not the advantages of international business?

    (a)

    Economic development

    (b)

    Economic dependence

    (c)

    Price equalisation

    (d)

    Higher standard of living

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