Free CBM Exam Braindumps
Certified Business Manager (CBM) Questions 141–145 (page: 30)

Updated On: 10-Feb-2026

A firm must avail itself of all dimensions of competition, which Michael Porter categorized into which of the following four components is NOT of "the diamond of national advantage"?

  1. Related industries
  2. Factor conditions
  3. External economy
  4. Firm strategy

Answer(s): C



Many of the world's developing countries have long sought to create domestic industry by restricting imports of competitive products in order to allow smaller, less competitive domestic firms to grow and prosper, this is called:

  1. Import substitution
  2. Factor mobility
  3. Internalizers
  4. None if the above

Answer(s): A



The measurement of all international economic transactions between the residents of a country and foreign residents is called:

  1. equilibrium
  2. balance of payments
  3. measuring flow of transaction
  4. balance of accounting

Answer(s): B



Which of the following is NOT the category of Current Account?

  1. Goods trade
  2. Financial trade
  3. Services trade
  4. Income

Answer(s): B



What is made up of transfers if financial assets and the acquisition and disposal of non- produced / nonfinancial assets?

  1. Capital account
  2. Financial account
  3. Portfolio account
  4. Direct Investment account

Answer(s): A



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