Quiz Start Time: 12:13 PM

Time Left
88
sec(s)



Question # 1 of 20 ( Start time: 12:13:33 PM ) Total Marks: 1
What is the expressed form of FTAA?
Select correct option:


Free Trade Area of the Asia


Free Trade Agreement of the Asia


Free Trade Agreement of the Americas


Free Trade Area of the Americas







Quiz Start Time: 12:13 PM
Time Left
89
sec(s)



Question # 2 of 20 ( Start time: 12:14:51 PM ) Total Marks: 1
Karl Marx gives the idea of
Select correct option:


Democracy


Collectivism


Individualism


Socialism







Quiz Start Time: 12:13 PM
Time Left
89
sec(s)



Question # 3 of 20 ( Start time: 12:16:11 PM ) Total Marks: 1
When European Community was established?
Select correct option:


1958


1957


1956


1955







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 4 of 20 ( Start time: 12:17:26 PM ) Total Marks: 1
When a domestic firm grants the right to a foreign firm to produce its product, use its
production processes, or use its brand name or trademark is known as:
Select correct option:


Universal Investment


Furnished Investment


Licensing


Green-field investment







Quiz Start Time: 12:13 PM
Time Left
89
sec(s)



Question # 5 of 20 ( Start time: 12:18:00 PM ) Total Marks: 1
Increase in cost of doing business due to bribe is more visible in which of the following kind of
state?
Select correct option:


Democratic states


Autocratic states


Theocratic states


Totalitarian states






Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 6 of 20 ( Start time: 12:19:27 PM ) Total Marks: 1
Which of the following country is famous for the export of automobile?
Select correct option:


Japan


Brazil


Mexico


China







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 7 of 20 ( Start time: 12:20:20 PM ) Total Marks: 1
Which one of the following important matter was unaddressed in Uruguay round of WTO?
Select correct option:


Foreign Direct Investment


Intellectual Property


Agriculture


Services







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 8 of 20 ( Start time: 12:21:48 PM ) Total Marks: 1
In the 20th century Ricardos work was refined by two Swedish economists, they were;
Select correct option:


Eli Heckscher and Bertil Ohlin


Dennis Robertson and Joan Robinson


Thorold Rogers and Jenny Scott


William N. Shepherd and Richard Smethurst







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 9 of 20 ( Start time: 12:23:04 PM ) Total Marks: 1
According to Stimulus-Organism-Response theory the _____________represents approach and
avoidance behaviors.
Select correct option:


Grand root level


Root level


Surface level


Medium level







Quiz Start Time: 12:13 PM
Time Left
89
sec(s)



Question # 10 of 20 ( Start time: 12:24:28 PM ) Total Marks: 1
The political system of Soviet Union before the revolution of democracy was
Select correct option:


Autocratic system


Socialism


Democratic system


Communism







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 11 of 20 ( Start time: 12:25:34 PM ) Total Marks: 1
What is the expressed form of VER?
Select correct option:


Voluntary Enforced Restraint


Vulnerable Export Restraint


Voluntary Export Restraint


Voluntary Export Restoration







Time Left
90
sec(s)


Quiz Start Time: 12:13 PM

Question # 12 of 20 ( Start time: 12:26:57 PM ) Total Marks: 1
How many countries are the members of OECD?
Select correct option:


41


18


29


32







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 13 of 20 ( Start time: 12:28:24 PM ) Total Marks: 1
When a country imports more goods, services and income than it exports then this is known as:
Select correct option:


Saving account deficit


Saving account difference


Current account surplus


Current account deficit







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 14 of 20 ( Start time: 12:29:14 PM ) Total Marks: 1
Which of the following is the economic and strategic advantage that accrues to early entrants
into an industry?
Select correct option:


First-mover advantage


Late-mover advantage


Intervening advantage


Competitive advantage







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 15 of 20 ( Start time: 12:30:25 PM ) Total Marks: 1
According to Forrester Research, the value of Web-based transactions hit $657 billion in which
year?
Select correct option:


1999


2000


2001


2002







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 16 of 20 ( Start time: 12:31:41 PM ) Total Marks: 1
Which one of the following is an international agreement to protect intellectual property?
Select correct option:


Paris Convention for the Protection of Intellectual Pro


Paris Convention for the Protection of Industrial Prop


Paris Convention for the Protection of Actual Propert


Paris Centre for the Protection of Industrial Property







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 17 of 20 ( Start time: 12:32:38 PM ) Total Marks: 1
Who had written the book, Principles of Political Economy in 1817?
Select correct option:


David Ricardo


David Hume


Hagelstam


Heckscher







Quiz Start Time: 12:13 PM
Time Left
87
sec(s)



Question # 18 of 20 ( Start time: 12:33:04 PM ) Total Marks: 1
In terms of social structure, individualism is observed in which of the following country?
Select correct option:


America


Japan


China


Pakistan






Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 19 of 20 ( Start time: 12:34:24 PM ) Total Marks: 1
What is the expressed form of NAFTA?
Select correct option:


National Armenia Free Trade Agreement


North Australia Free Trade Agreement


North American Free Trade Agreement


North Asian Free Trade Agreement







Quiz Start Time: 12:13 PM
Time Left
90
sec(s)



Question # 20 of 20 ( Start time: 12:34:53 PM ) Total Marks: 1
According to Porter theory, which of the following is the true expression of the reserve word of
his theory; The diamond?
Select correct option:


It is mutually reinforcing system


It is trade symbol


It is sign of prosperity


It is symbol of wealth