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International Business - I

Question

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Enlist the scope of international business.

Solution

International business is much broader than international trade. It includes not only international trade but also a wide variety of other ways in which the firms operate internationally. The list of the scope of international business are as follows:
1. Merchandise exports and imports
2. Service exports and imports
3. Licensing and franchising
4. Foreign investments

Some More Questions From International Business - I Chapter

Give meaning of International Business.

Give the types of mode of entry into International Business.

Give meaning of merchandise export and import.

Give meaning of service exports and imports.

Give meaning of direct exporting.

Give meaning of direct importing.

Give meaning of contract manufacturing.

Give meaning of licensing and franchising.

Define foreign investment.

Give meaning of joint venture.

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