Discuss any three advantages of international business.

3

(a)

What is the major reason underlying trade between nations?

3

(a)

Discuss as to why nations trade.

3

(a)

Enumerate limitations of contract manufacturing.

3

(a)

Why is it said that licensing is an easier way to expand globally?

3

(a)

Differentiate between contract manufacturing and setting up wholly owned production subsidiary abroad.

3

(a)

Distinguish between licensing and franchising.

3

(a)

List major items of India's import.

3

(a)

What are the major items that are exported from India?

3

(a)

Define international business.

3

(a)

Explain different forms of Joint Ventures.

3

(a)

India embarks on the path of globalisation. Comment

3

(a)

Write a short note on India's foreign investments.

3

(a)

Discuss the merits and demerits of entering into joint ventures.

3

(a)

"Foreign trade is not free from difficulties." Comment.

3

(a)