International Business Quiz - Class XI

Class XI

Business Studies

International Business

14 questions

HARD

Ready to take the quiz?

Test takers will enter name and email before starting.

Start quiz

Preview questions

1. What is the primary reason for engaging in international business?

To reduce local competition · To access larger markets · To avoid taxes · To increase domestic sales

2. Which of the following is NOT a mode of entering international markets?

Exporting · Licensing · Franchising · Local marketing

3. What does the term 'balance of trade' refer to?

The difference between total exports and imports · The total value of goods produced in a country · The total foreign investments in a country · The overall economic performance of a country

4. Which organization is primarily responsible for regulating international trade?

World Trade Organization (WTO) · International Monetary Fund (IMF) · World Bank · United Nations (UN)

5. What is 'foreign direct investment' (FDI)?

Investment in foreign stocks · Investment made by a company in assets in another country · Investment in local businesses by foreign companies · Investment in international bonds