This document contains instructions and questions for an International Business exam. It lists 12 multiple choice and short answer questions about topics in international business, including international trade, the differences between domestic and international trade, the scope and benefits of international business, examples of exporting, contract manufacturing, licensing and franchising, joint ventures, and wholly owned subsidiaries. Students are instructed to read the questions carefully, limit their answers by the marks provided, manage their time, write concisely and try to answer all questions in the 2 hour exam.

1. Prasu Vision / Worksheets
INTERNATIONAL BUSINESS - I
NAME OF THE STUDENT
NAME OF SUBJECT
ROLL NUMBER
NAME OF SCHOOL
TOTAL MARKS: 40 MARKS SCORED: TIME: 2 hrs.
Instructions
1) Read all questions carefully before writing answers
2) Limit your answers as per the marks of each question
3) Manage time according to the level of question
4) Express your right valuable points as answer
5) Write the exam without any tension by recalling all the points.
6) Try to attempt all the questions.
7) The number inside the bracket shows marks for each question.
Q 1. What is International Trade? [ 1 ]
Q 2. List out the Differences between Domestic and International Trade [ 3 ]
Q 3. Explain the Scope of International Business [ 4 ]

2. Prasu Vision / Worksheets
Q 4. List out the benefits of International Business to nations [ 3 ]
Q 5. Summaries the benefits of International Business to Firms [4]
Q 6. Give two examples for Exporting [2]
Q 7. List out the merits of Contract manufacturing [4]

3. Prasu Vision / Worksheets
Q 8. Explain the Concept & limitations of Licensing & Franchising [6]
Q 9. What you mean by Joint Venture? [3]
Q 10. List out two advantages of Joint Ventures [2]

4. Prasu Vision / Worksheets
Q 11. Explain the advantages of Licensing [4]
Q 12. Explain the concept of Wholly Owned Subsidiaries and its merits [4]
Remarks & Suggestions for Students: