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

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. 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

  2. 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

  3. The importance centre for entrepot_______.

    (a)

    London

    (b)

    Singapore

    (c)

    Hong Kong

    (d)

    All the above

  4. IBRD is also known as __________.

    (a)

    EXIM Bank

    (b)

    World Bank

    (c)

    International Monetary Fund

    (d)

    International Bank

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

    (a)

    GATO, WTO

    (b)

    ETO, GATT

    (c)

    GATT, WTO

    (d)

    IMF, GATT

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