INB MCQ

1. According to .. theory the original inventor country becomes the importer of the product when the product matures. *

a. Product Life Cycle

b. Comparative Advantage

c. Porters Diamond

d. Absolute Advantage

2. Which of the followings in not part of Dunnings eclectic paradigm? *

a. Ownership advantages

b. Economic Integration

c. Location advantages

d. Internalization advantages

3. A firm could lose its proprietary asset in - *

a. Exporting

b. Licensing

c. Greenfield strategy

d. Wholly owned subsidiaries

4. Dumping is the _______ *

a. blaming of other countries for trade imbalances

b. overpricing of imports

c. export of hazardous materials

d. underpricing of exports

5. In an industry like automotive manufacturing where there is a high pressure for cost reduction and high pressure to be locally responsive, firms pursue a .. strategy. *

a. Transnational

b. Global Standardization

c. Localization

d. International