Sponsor Area
International Business - I
Question
Below are given some activities relating to business. Some of them are correct and some are wrong. Which of them are wrong and which are right ?
A.
Business involves only sale and purchase of goods. It does not play any role in the national integrity.B.
Business does not bring about any improvement in the standard of living of people.C.
Industrial research may bring the development of new products.D.
Business does not allow to import goods from foreign countries.E.
Business helps in reducing poverty by providing opportunity for employment.F.
It improve the image of a country by exhibiting/sale of product in international fairs and exhibitions.Solution
A. False
B. False
C. True
D. False
E. True
F. True
Question
__________ activities are those activities under which goods and services are sold.
Solution
Commercial
Question
The activities which help in smooth flow of trade are know as __________.
Solution
Aids to trade
Sponsor Area
Mock Test Series
Mock Test Series