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Globalisation and the Indian Economy Test - 21

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Globalisation and the Indian Economy Test - 21
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  • Question 1
    1 / -0
    Which of the following pairs of MNC and the countries where they are headquartered is/one correctly matched?
    1.Mero-Germany
    2.Walmart -USA
    3.Tesco- UK
    4.Carore four- France
    Solution
    A multinational company is one which has its main office in the home country and has many branches or subsidiaries in two or more country. All the pairs mentioned of the MNC and their base countries are absolutely correct.
  • Question 2
    1 / -0
    Multinational corporations trade analysis differs from our conventional trade analysis because multinational corporation analyses ____________________.
    Solution
    MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. It helps to analyze the international movement of inputs as well as movement of finished goods. Hence, its trade analysis differs from our conventional trade analysis.
  • Question 3
    1 / -0
    Is the following statement is true or false?
    Some MNC's,  for instance Walmart have their economy as large as the economy of many developing countries. 
    Solution
    MNC refers to those organisations who have their headquarters in the home country and subsidiaries in two or more country. Some MNCs have their economy as large as the economy of many developing countries. Walmart made a total profit of 16 billion dollars and that is as large as economy of any developing country.
  • Question 4
    1 / -0
    Multinational corporations, sometimes provide benefits to their home countries, except which one?
    Solution
    MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. I t provides various benefits to the home countries:
    1. Boost the industrial development in the home country.
    2. Allow for production of cheaper components for their products.
    3. Marketing opportunities for the products produced in the home country.
    But it does not shift home country technology overseas via licensing.

  • Question 5
    1 / -0
    Microsoft is a _________.
    Solution
    A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. Microsoft has its main headquarters in Washington but has its subsidiaries all over the world.
  • Question 6
    1 / -0
    Which e-commerce company launched its global startup program "Launch pad" in India?
  • Question 7
    1 / -0
    Choose the correct answer from the alternatives given.
    In an economists view, which of the following perspectives of globalisation is most suitable?
  • Question 8
    1 / -0
    The practice of selling goods in a foreign country at a price below their domestic selling price is called ____________.
    Solution
    In economics, "dumping" is a form of predatory pricing, especially in the context of international trade. It occurs when manufacturers export a product of another country at a price either below the price charged in its home market or below its cost of production.
  • Question 9
    1 / -0
    The advantage of multinational corporations is _____________.
    Solution
    MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The advantage of MNC are:
    1. Technology movement.
    2. Support enterprises in host countries.
    3. Provide services to professionals.
    4. Business gets management expertise from the MNC etc.
  • Question 10
    1 / -0
    Biodiversity is high in _______________________.
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