IBM

IBM Stands for

• International business management

• International business marketing

• International business model

GATT Stands for

• General agreement on tariffs and trade

• General agreement on trade and taxes

• General agreement on

  trade and transport

IMF Stands for

• International monitoring funds

• International marketing funds

• International monetary funds

How many types of FDI

• 6

• 4

• 8

GATT Started in

• 1945

• 1949

• 1947

• 1944

FDI Can be in the form of

• Greenflow investment

• Greenfield investment

• Initial investment

Globalization is beneficial for firms because

• It protects them against foreign competition

• It opens up new market opportunities

• It increases the risk and uncertainty of operating in a globalizing world economy.

Liberalization means

• Reducing number of reserved industries from 17 to 8

• Liberating the industry, trade and economy from unwanted restrictions

• Free determination of interest rates

When was WTO (World Trade Organization) established?

• 1948

• 1995

• 1995

According to this theory, the holdings of a country's treasure primarily in the form of gold constituted its wealth

• Ohlin and Heckscher

• F W Taylor

• Adam Smith