Out of international trade and international business which one is wider in scope?

2

(a)

What is the basic reason behind international trade?

2

(a)

Give one point of difference between licensing and franchising.

2

(a)

When a middleman is involved in handling export procedure, then it is called by what name?

2

(a)

Licensee or franchisee pays a fee to licensor or franchisor. What is it called?

2

(a)

Reebok orders for footballs to local manufacturers of Ludhiana and then sells it all over the world. It is an example of what?

2

(a)

Name the country whose share is largest in India's exports and imports.

2

(a)

What is the share of India's exports in world exports?

2

(a)

Which service has got dominating share in foreign trade in services?

2

(a)

India is ____ largest economy in the world.

2

(a)