International Marketing mcq Set 1
International Marketing mcq Set 2
International Marketing mcq Set 3
International Marketing mcq Set 4
International Marketing mcq Set 5
International Marketing mcq Set 6
Online MCQ of International Marketing subject
QN1: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States are
a. G-7 countries.
b. countries with highest productivity growth in the world since 1960.
c. countries with decreasing TFP growth since 1990s.
d. countries with the lowest information technology equipment and software index prices.
Answer
Answer: a. G-7 countries.
QN2: Which of the following is not TRUE?
a. In 1990, the world had 98 mainline phones and 2 mobile phones per 1,000 people; in 2001, 169 mainline and 153 mobile per 1,000.
b. Mobile phones do not require the massive infrastructure investment that mainline telephones require.
c. In 2001, the world information technology expenditures were about 1/20 of 1% of world gross investment.
d. In 2001, internet users per 1,000 people in middle income countries were greater than high income countries.
Answer
Answer: c. In 2001, the world information technology expenditures were about 1/20 of 1% of world gross investment.
QN3: Dani Rodrik points out that
a. an economy more open to foreign trade and investment faces a more inelastic demand for unskilled workers.
b. employers and consumers can more readily replace domestic workers with foreign workers by investing abroad or buying imports.
c. globalization increases job insecurity.
d. financial liberalization in LDCs leads to collapse of the economy.
Answer
Answer: b. employers and consumers can more readily replace domestic workers with foreign workers by investing abroad or buying imports.
QN4: Which of the following statement is NOT true about OECD aid?
a. During the 1980s, OECD countries contributed four-fifths of the world’s bilateral official development assistance to LDCs.
b. In the early 1990s, the OECD contributed 98 percent of all aid.
c. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001.
d. In 2001, only Denmark, Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs.
Answer
Answer: d. In 2001, only Denmark, Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs.
QN5: Japan’s aid programs
I are understaffed, politically muddled, and administratively complex.
II are biased toward Asia.
III go primarily to least developed countries in Africa.
IV focus on loans and the grant element of aid is low.
a. I, II and III.
b. I, II and IV.
c. II, III and IV.
d. I, II, III and IV.
Answer
Answer: a. I, II and III.
QN6: Aid or official development assistance (ODA) includes
I development grants.
II loans with at least 25 percent grant element.
III military assistance.
IV technical cooperation.
a. I and II only.
b. I, II and III only.
c. I, II and IV only.
d. I, II, III and IV only.
Answer
Answer: b. I, II and III only.
QN7: I = S + F The equation above states that a country can increase its new capital formation (or investment) through its
a. own domestic savings and by inflows of capital from abroad.
b. stock market and fiscal policy.
c. savings from abroad and financial outflow.
d. savings and financial liberalization.
Answer
Answer: b. stock market and fiscal policy.
QN8: MNCs can help the developing country to
I Finance a savings gap or balance of payments deficit.
II Obtain foreign technology and innovative methods of increasing productivity.
III Generate appropriate technology by adapting existing processes.
IV Employ domestic labor, especially in skilled jobs.
a. I and II only
b. III and IV only
c. I, II and III only
d. I, II, III and IV
Answer
Answer: c. I, II and III only
QN9: The balance on current account
I equals the absolute value of the balance on capital account.
II is financed by savings.
III is net grants minus remittances.
IV includes goods, services, and unilateral transfers.
a. I and II only.
b. II and III only.
c. I and IV only.
d. None of the above.
Answer
Answer: b. II and III only.
QN10: Bilateral aid
a. is technical aid given by IMF.
b. is given directly by one country to another.
c. is aid with repayment in inconvertible currency.
d. is a loan at bankers’ standards.
Answer
Answer: b. is given directly by one country to another.
QN11: International trade and specialization are determined by
a. absolute advantage.
b. comparative advantage.
c. absolute costs.
d. production possibility frontier.
Answer
Answer: b. comparative advantage.
QN12: India has a comparative cost advantage in
a. textiles.
b. steel.
c. both of them
d. none of them
Answer
Answer: c. both of them
QN13: Japan has comparative cost in
a. steel.
b. textiles.
c. both of them.
d. cannot be determined.
Answer
Answer: c. both of them.
QN14: Factor proportions theory is also known as the
a. comparative advantage theory.
b. laissez faire theorem.
c. HeckscherOhlin theorem.
d. product cycle model.
Answer
Answer: d. product cycle model.
QN15: The product cycle model indicates that while a product requires ___labor in the beginning, later as markets grow and techniques become common knowledge, a good becomes standardized, so that less sophisticated countries can mass produce the item with ___labor.
a. abundant, less.
b. less skilled, highly skilled.
c. a lot of , no.
d. highly skilled, less skilled.
Answer
Answer: a. abundant, less.
QN16: The infant industry arguments refers to a tariff designed to
a. help foreign industries establish themselves in the local market.
b. protect young manufacturing products from foreign competition.
c. help consumers enjoy a variety of products in the local market.
d. provide incentives for established local manufacturing firms to venture in foreign markets
Answer
Answer: d. provide incentives for established local manufacturing firms to venture in foreign markets