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Important Questions for "International Business":

[1]

  1. What do you understand by World Trade Organization (WTO)? Explain the role of WTO in International business.
  2. What is the relation among Average Cost, Marginal Cost and Total Cost?
  3. What do you mean by Perfect Competition? Explain the difference between perfect competition and pure competition.

[2]

  1. What are the key problems a firm faces when considering international business?
  2. Write in detail the advantages of international business.
  3. Write short notes on the following: Export assistance by central and state government, David Ricardo and G. Haberler's theories of international business.

[3]

  1. What are the differences between International Trade and International Business?
  2. What are the prospects of International Business?
  3. What are the constraints of International Business?

[4]

  1. How do regional economic groups hinder international business?
  2. What are the export assistance programmes initiated by the government?
  3. Discuss the advantages and disadvantages of free trade and protectionism for a developing country like India.

[5]

  1. What is meant by the term 'International Business Environment'? Describe its components.
  2. Throw light on the objectives of World Trade Organisation (WTO).
  3. Discuss the greater role of social responsibility of business in present-day context.

[6]

  1. Why does a domestic firm participate in international business?
  2. What are the risks in international business?
  3. What are the causes of commercial risk in international business?

[7]

  1. Explain various approaches of international business and the complexities involved.
  2. Explain how increasing market integration is changing international business trends.
  3. Discuss the purchasing power parity theory of exchange rate.

[8]

  1. What is meant by International Business Environment?
  2. Explain the main objectives of Counter Trade.
  3. What are the factors which influence economic environment?

[9]

  1. What are the challenges in international business?
  2. What do you understand by macro environment risk assessment? How can it be done in the context of international business?
  3. Explain the theory of absolute advantage.

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