MH SET 2025 Paper 2 Commerce Question Paper (15-Jun-2025)

Question 1

Which of the following is not an aspect of International Business ?

Accepted Answer

Confined to the boundaries of one country

Answer

Exporting

Answer

Joint Ventures

Answer

Licensing

Question 2

A Multinational Corporation is defined as :

Accepted Answer

Carrying out production or operation in more than one country

Answer

Having multiethnic workforce

Answer

Having suppliers in more than one company

Answer

Having more than volunteers

Question 3

Anti-dumping and countervailing duties are imposed under :

Accepted Answer

Customs Tariff Act, 1975

Answer

Regional Trade Agreements

Answer

Trade Related Investment Measures

Answer

Trade Related Investment Property Rights

Question 4

The theory of Absolute advantage was propounded by .................

Accepted Answer

Adam Smith

Answer

David Ricardo

Answer

Eli Heckscher

Answer

Berti Ohlin

Question 5

Which of the following country is not a part of NAFTA ?

Accepted Answer

United Kingdom

Answer

Mexico

Answer

Canada

Answer

United States of America