Question

Give meaning of service exports and imports.

Solution

It involves trade in intangibles because services are intangible like tourism, entertainment, communication etc. They can be availed but can not be seen.

Some More Questions From International Business - I Chapter

_________ provides information to customer.

__________ activities are those activities under which goods and services are sold.

The activities which help in smooth flow of trade are know as __________.

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International Business - I

Give meaning of service exports and imports.

Some More Questions From International Business - I Chapter

_________ provides information to customer.

__________ activities are those activities under which goods and services are sold.

The activities which help in smooth flow of trade are know as __________.

__________ industry makes use of products which are extracted and produced by primary sector as their raw material and produce finished products.

Define “global village”.

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.

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