International Business
Commerce ⇒ Business Studies
International Business starts at 11 and continues till grade 12.
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See sample questions for grade 11
Explain any one difference between visible and invisible items in international trade.
Explain any two benefits of international business to nations.
Explain the concept of 'counter trade' in international business.
Explain the term 'bill of lading'.
Explain the term 'export processing zone' (EPZ).
Explain the term 'foreign direct investment' (FDI).
Explain the term 'letter of credit' in the context of international trade.
Name any two institutions that support international business in India.
Which of the following is a challenge faced by international business? (1) Language barriers, (2) Uniform laws, (3) No competition, (4) Similar business practices
Which of the following is a document required for exporting goods from India? (1) Bill of Lading, (2) Cheque, (3) Invoice, (4) Both 1 and 3
Which of the following is a reason for the growth of international business? (1) Advancement in technology, (2) Decrease in transportation, (3) Political instability, (4) High tariffs
Which of the following is an example of a visible export? (1) Software services, (2) Automobiles, (3) Banking, (4) Insurance
Fill in the blank: _______ is a document that certifies the origin of goods exported from India.
Fill in the blank: _______ is a form of international business where two or more firms come together to create a new business entity.
Fill in the blank: _______ is the process of buying goods and services from foreign countries.
Fill in the blank: _______ is the process of selling goods and services to foreign countries.
State whether the following statement is true or false: 'Letter of credit is issued by the importer’s bank.'
True or False: Exporting is the only way to enter international business.
True or False: Franchising is a mode of entry into international business.
True or False: Importing is the process of buying goods and services from foreign countries.
