International Business

Differentiate between international trade and international business.

Discuss any three advantages of international business.

What is the major reason underlying trade between nations?

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

Why is it necessary for an export firm to go in for pre-shipment inspection?

What is bill of lading? How does it differ from bill of entry?

What is a letter of credit? Why does an exporter need this document?

Discuss the process involved in securing payment for exports.

“International business is more than international trade”. Comment.

What benefits do firms derive by entering into international business?

In what ways is exporting a better way of entering international markets than setting up wholly owned subsidiaries abroad.