INB-300 EXAM QUESTIONS WITH
VERIFIED ANSWERS. A+ GRADE
2025/2026.
Global economic integration refers to efforts to reduce trade and investment barriers around
the globe. - ANS True
Which of the following improvements resulted after the establishment of the General
Agreement on Tariffs and Trade (GATT)? - ANS Trade growth consistently outpaced the gross
domestic product (GDP) growth.
Which of the following statements is true of greenfield operations? - ANS They suffer from a
slow entry speed of at least one to several years.
Last movers will build precious relationships with key stakeholders such as customers and
governments. - ANS False
Which of the following is a disadvantage of regional economic integration? - ANS It may
result in some loss of sovereignty in an economic dimension.
Flarring Corp. is a well-known company that manufactures spare parts for automobiles. The
company, based in Boston, expanded by entering the market of Nerodo. Even after 12 years of
marketing in Nerodo, the company is on the verge of failure. In this case, which of the following
factors could lead to the failure of Flarring Corp. in Nerodo? - ANS Formal rules that are
favorable to local firms
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Which of the following is a difference between the General Agreement on Tariffs and Trade
(GATT) and the World Trade Organization (WTO)? - ANS The GATT does not cover Intellectual
Property (IP) protection, whereas the WTO includes IP protection.
Which of the following statements is true of research and development (R&D) contracts? -
ANS They are difficult to negotiate and enforce.
North American Free Trade Agreement (NAFTA) is a free trade agreement (FTA) among Canada,
Mexico, and the United States. - ANS true
Which of the following is a formal barrier to trade when foreign firms enter new markets? -
ANS Currency risk
Which of the following statements is true of late movers? - ANS They may be able to free
ride on the huge pioneering investments of first movers.
To overcome cultural and institutional differences, it is more important to consider strategic
goals such as market and efficiency rather than culture and institutions. - ANS true
Which of the following is a difference between first movers and late movers? - ANS First
movers face greater technological and market uncertainties, whereas late movers take
advantage of the solutions of the first movers.
_____ is a non-equity mode of entry into a foreign market. - ANS Turnkey project
A greenfield operation refers to: - ANS building new factories and offices from scratch.
In comparison with the General Agreement on Tariffs and Trade (GATT), which of the following
statements is true of the World Trade Organization (WTO)? - ANS The World Trade
Organization (WTO) includes effective trade dispute settlement mechanism.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
VERIFIED ANSWERS. A+ GRADE
2025/2026.
Global economic integration refers to efforts to reduce trade and investment barriers around
the globe. - ANS True
Which of the following improvements resulted after the establishment of the General
Agreement on Tariffs and Trade (GATT)? - ANS Trade growth consistently outpaced the gross
domestic product (GDP) growth.
Which of the following statements is true of greenfield operations? - ANS They suffer from a
slow entry speed of at least one to several years.
Last movers will build precious relationships with key stakeholders such as customers and
governments. - ANS False
Which of the following is a disadvantage of regional economic integration? - ANS It may
result in some loss of sovereignty in an economic dimension.
Flarring Corp. is a well-known company that manufactures spare parts for automobiles. The
company, based in Boston, expanded by entering the market of Nerodo. Even after 12 years of
marketing in Nerodo, the company is on the verge of failure. In this case, which of the following
factors could lead to the failure of Flarring Corp. in Nerodo? - ANS Formal rules that are
favorable to local firms
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Which of the following is a difference between the General Agreement on Tariffs and Trade
(GATT) and the World Trade Organization (WTO)? - ANS The GATT does not cover Intellectual
Property (IP) protection, whereas the WTO includes IP protection.
Which of the following statements is true of research and development (R&D) contracts? -
ANS They are difficult to negotiate and enforce.
North American Free Trade Agreement (NAFTA) is a free trade agreement (FTA) among Canada,
Mexico, and the United States. - ANS true
Which of the following is a formal barrier to trade when foreign firms enter new markets? -
ANS Currency risk
Which of the following statements is true of late movers? - ANS They may be able to free
ride on the huge pioneering investments of first movers.
To overcome cultural and institutional differences, it is more important to consider strategic
goals such as market and efficiency rather than culture and institutions. - ANS true
Which of the following is a difference between first movers and late movers? - ANS First
movers face greater technological and market uncertainties, whereas late movers take
advantage of the solutions of the first movers.
_____ is a non-equity mode of entry into a foreign market. - ANS Turnkey project
A greenfield operation refers to: - ANS building new factories and offices from scratch.
In comparison with the General Agreement on Tariffs and Trade (GATT), which of the following
statements is true of the World Trade Organization (WTO)? - ANS The World Trade
Organization (WTO) includes effective trade dispute settlement mechanism.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
