Q1 of 35 Page 306

Differentiate between international trade and international business.

The difference between international trade and international business are:



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13

The document containing the guarantee of a bank of honor drafts drawn on it by an exporter is:

 14

TRIP is one of the WTO agreements that deal with:

 2

Discuss any three advantages of international business.

 3

What is the major reason underlying trade between nations?