12.International Business

Why Trade with Other Countries?
1.Absolute Advantage
2.Commparative Aavantage
Other Ways to Go Global
1.Agents
2.licensing Arrangement
3.Outsourcing
4.Branch Offices
5.Direct Investment
6. Global Business
Special Issues in International Business
1.Social and Cultural Differences
2.Foreign Exchange
3.Trande Barriers
4.Tariffs
5.Non-Tariff Barriers
1.Quotas
2.Voluntary Export Quotas
3.Import Licence System
4.Foreign Exchange Control
5.State Monoploy
6.Government Procurement Policy
7.Minimum Price
8.Advanced Deposit
9.Technical Standards
10.Health and Sanitary Regulations
11.Packaging and Lableing Regulations
12.Import Embargo