Question:

The basic objective of export Promotion Council is to promote and develop the Exports of the

A.

Particular products of country

B.

Only attractive projects of the country

C.

Only services industry products of the country

D.

none

Answer» a. Particular products of country

Question:

Which of the following is NOT an important element to look for when selecting an alliance partner?

A.

Very similar culture and resources

B.

Compatible expectations and objectives

C.

They should have as much to lose as you do if the alliance fails

D.

Resources that complement your own

Answer» a. Very similar culture and resources

Question:

South–South co-operation means —

A.

the flow of resources from one developing country to another

B.

increasing diplomatic relations among emerging economies

C.

increasing investment between developing countries

D.

rising trade between countries

Answer» a. the flow of resources from one developing country to another

Question:

How does international law facilitate international trade and investment?

A.

It makes it easier to resolve contract disputes for firms involved in international trade and investment.

B.

It allows business to choose the most favorable national legal system to institute proceedings.

C.

The terms used in international conventions are open to differing interpretations.

D.

The Uniform Commercial Code favors big US multinationals.

Answer» c. The terms used in international conventions are open to differing interpretations.