International Relations Mcqs Practice Test

Question 1

The boundary between Pakistan and Indian Held Kashmir (IHK) from Thaku Chak in the North to Abial Dogar in the South is termed as:

Accepted Answer

A. Working Boundary

Question 2

24th Parallel 24th parallel is the latitude line which Pakistan claimed should be the line of demarcation between Pakistan and India in Kutch. What is Indian stand over it?

Accepted Answer

A. India does not recognise this claim.

Question 3

Goldsmith Line is the border between:

Accepted Answer

C. Pakistan and Iran

Question 4

Which of the following in an example of intellectual property?

Accepted Answer

A. electronics equipment

Question 5

Negotiations about intellectual property rights are most important to:

Accepted Answer

A. the United States

Question 6

Trade in services includes which of the following?

Accepted Answer

B. insurance

Question 7

The General Agreement on Tariffs and Trade was replaced by the

Accepted Answer

A. World Trade Organization

Question 8

___________ emphasizes conflicting interests in economic exchanges.

Accepted Answer

D. Mercantilism

Question 9

In a centrally planned economy,

Accepted Answer

B. government officials set prices

Question 10

There are just a few large sellers of a product in a(n):

Accepted Answer

D. oligopoly

Question 11

The U.S. government agency responsible for determining whether low-priced imports are unfair or have hurt U.S. industry is the:

Accepted Answer

A. International Trade Commission

Question 12

A new entry into an industry sector that is mature in other states and, therefore, is often protected by its government is a(n):

Accepted Answer

D. infant industry

Question 13

Hard currency is:

Accepted Answer

D. money that can be readily converted to leading world currencies

Question 14

What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?

Accepted Answer

D. comparative advantage

Question 15

Which of the following is one of the world’s most important currencies?

Accepted Answer

D. the EU’s euro

Question 16

Currently, national currencies are valued against:

Accepted Answer

A. gold prices

Question 17

Which of the following is an example of portfolio investment?

Accepted Answer

A. buying stocks and bonds

Question 18

The state in which an MNC has its headquarters is called the:

Accepted Answer

D. home country

Question 19

Which of these groups welcomes the free trade that comes with globalization?

Accepted Answer

A. workers in industrialized countries

Question 20

Foreign investments in and by a country are referred to as:

Accepted Answer

C. capital flows