Worksheet/Practice Questions/Case Studies on International Business Business Studies Class 11

1. Define international business. 
2. What is the major reason due to which the countries engage in international business?
3. Which one is wider out of international business and international trade? Give reason for your answer.
4. Give any five differences between domestic business and international business. 
5. What benefits do firms get by entering into international business?
6. Mention the problems involved in international business. 
7. In India, foreign exchange transactions are regulated by Central Government. True/False. Give reason. 
8. Identify the benefit of international business (to nations) in the given line, "In the absence of international trade, it would not have been possible for the world community to consume goods and services produced in other countries."
9. Identify the benefit of international business (to firms) in the given line, " Production on a larger scale often leads to economies of scale, which in turn lowers production cost and improves per unit profit margin."