FREE Master of International Business Questions and Answers

Question 1

What Does MNC Stand For?

Accepted Answer

Multi-National Corporation

Answer

Multi-National Cooperation

Answer

Multi-National Collaboration

Answer

Multi-National Company

Question 2

Producing domestically or in just one nation, _______ concentrates on marketing these goods abroad, or the opposite is true.

Accepted Answer

Global corporation

Answer

International

Answer

Transnational

Answer

None of the above

Question 3

Which of the following is not one of the Porter Five Forces?

Accepted Answer

Complementary products

Answer

Suppliers

Answer

Buyers

Answer

Industry rivalry

Question 4

It is stated by ________ in the Theory of Relative Factor Endowments.

Accepted Answer

Ohlin and hechsher

Answer

c. f w Taussig

Answer

Adam smith

Answer

David Ricardo

Question 5

The most popular payment method in international trade is __________, because it gives the exporter the best guarantee that they will be reimbursed for the goods they sell abroad.

Accepted Answer

letter of credit

Answer

drafts

Answer

bill of lading

Answer

open account

Question 6

According to ________, the principle of comparative cost advantage

Accepted Answer

economist David Ricardo

Answer

Adam smith

Answer

Gottfried Haberle

Answer

Heckscher Ohlin

Question 7

_________ provides the Comparative Cost Trade Theory.

Accepted Answer

David Ricardo

Answer

Adam smith

Answer

Heckscher Ohlin

Answer

Gottfried Haberle

Question 8

One common nickname for proponents of democratic globalization is

Accepted Answer

Pro-globalists

Answer

Libertarians

Answer

Globalists

Answer

None of the above

Question 9

How much it costs to transport goods has an impact on

Accepted Answer

All of the above

Answer

global supply chains

Answer

pattern of trade

Answer

boundaries between tradable and non-tradable goods

Question 10

Companies with headquarters in one nation but operating in others are known as .

Accepted Answer

Multinational

Answer

Off-shore

Answer

International

Answer

Transnational