Business Studies

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Single Correct Medium Published on 18th 08, 2020
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Realted Questions

Q1 Single Correct Medium
The inward-oriented trade policy is also known as _____________.
  • A. Export promotion strategy
  • B. Import substitution strategy
  • C. LPG
  • D. Exim policy

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

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Q2 Single Correct Medium
Reliance on other countries and international organizations for financial support is called ___________.
  • A. foreign loan
  • B. international borrowing
  • C. external debt trap
  • D. external assistance

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

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Q3 Single Correct Medium
Under _______ price quotation, goods are delivered to the buyers at their door-step.
  • A. Free Alongside Ship (FAS) Price Quotation
  • B. Franco Price Quotation
  • C. Cash On Delivery (COD) Price Quotation
  • D. Cost and Freight (C & F) Price Quotation

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

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Q4 Single Correct Medium
______________ is to encourage the import of capital goods for export production.
  • A. EPCG
  • B. Exemption of payment of sales tax
  • C. Advance licence scheme
  • D. All of the above

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

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Q5 TRUE/FALSE Medium
In the absence of international trade, an increased standard of living would not have been easily possible.
  • A. True
  • B. False

Asked in: Business Studies - International Business


1 Verified Answer | Published on 18th 08, 2020

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