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International Business Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. The first step in the internationalization process is _________.

    (a)

    License

    (b)

    Foreign Investment

    (c)

    Sales

    (d)

    Export

  2. WTO stands for ___________.

    (a)

    World Technology Association

    (b)

    World Time Organisation

    (c)

    World Trade Organisation

    (d)

    World Tourism Organization

  3. When goods are purchased from a foreign country it is called ............trade

    (a)

    home

    (b)

    import

    (c)

    export

    (d)

    entrepot

  4. Business agreement wherein parties agree to develop a new entity?

    (a)

    Partnership

    (b)

    Joint Venture

    (c)

    Sole Trading

    (d)

    None of these

  5. Similarities of Internal and International Trade is ..............

    (a)

    Too many middlemen

    (b)

    Customer Satisfaction

    (c)

    Risk and Uncertainties

    (d)

    None of these

  6. 5 x 2 = 10
  7. What do you mean by international business?

  8. What is meant by Export Trade?

  9. What is meant by Import Trade?

  10. What is meant by Entrepot Trade?

  11. Give any two reasons for international business

  12. 5 x 3 = 15
  13. Describe importance of the external trade to an economy.

  14. What is the necessity for entrepot trade?

  15. What are the limitations of international business?

  16. What are all the three ways under which a joint venture can take place?

  17. What are all the features of Entrepot Trade?

  18. 4 x 5 = 20
  19. List out the advantages of international trade.

  20. Enumerate the disadvantages of International Trade?

  21. Distinguish between internal trade and international trade.

  22. What are the features of International Trade?

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