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Questions:

1. What are the key problems a firm faces when considering international business?
2. Describe the organizational structure of WTO and its role in Indian socio-economic development.
3. What is economic integration? Explain the different kinds of economic integration.
4. What are the components of BOP? How can disequilibrium in BOP be corrected?
5. Explain the causes of disequilibrium in the BOP.
6. Explain five stages of internationalization with suitable examples along with the names of companies.
7. Write in detail the advantages of international business.
8. In what ways does a domestic company gain competitive advantages by going global? Explain with reasons.
9. Write short notes on the following: Export assistance by central and state government, David Ricardo and G. Haberler's theories of international business.