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International Business - II

Question

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Write down any three features of international business.

Solution

Three features of international business :

1. Trade between two or more countries.

2. Payment in foreign currency.

3. High risk.

Some More Questions From International Business - II Chapter

Write in brief the steps of export procedure.

Define Indent.

The government has given a number of incentives for the promotion of foreign trade. How they help in the encouragement of foreign trade ?

What purpose is served by World Bank and its affiliates ?

What purpose is solved by IMF (International Monetary Fund) ?

When GATT was evolved ?

Give meaning of WTO agreement.

Give the steps involved in the import of goods taken by one country.

Briefly explain “Advance license scheme” announced by Government of India to promote foreign trade.

Briefly explain “export promotion capital goods scheme”.

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