What is the primary incumbent in an international business environment?

Non-Governmental Organizations (NGOs).

Multinational Enterprises (MNEs).

What is the primary reason for the slow growth of exports in India mentioned in the text?

Unfavorable terms of trade for primary goods.

Which factor plays a crucial role in fostering cooperation rather than conflict in global trade?

Mutual dependence through trade.

What major trend has significantly impacted global trade due to the growth of countries like India and China?

Increase in international conflict.

Decrease in economic interdependence.

What does the term "technology transfer" refer to in the context of international trade?

Exchange of technology between countries.

The use of technology in logistics.

Technological restrictions in trade.

What is the trade deficit, as mentioned in the text?

When a country exports more than it imports.

When a country's imports exceed its exports.

A situation where imports and exports are balanced.

A government policy to promote trade.

Which factor has contributed to the rise of global trade according to the text?

Reduction in global cooperation.

Adoption of protectionist trade policies.

Advancements in technology and communication.

Decrease in economic interdependence.

International Business Environment Free MCQ Practice Test with Solutions

	International Business 33 videos\|27 docs\|9 tests

	International Business 33 videos\|27 docs\|9 tests

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