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71890/D020
!71890D020! Reg. No.
SECTION - A
Answer any ten sub-questions. Each sub-question carries two marks. 10x2=20
1. (a) Define the term import quota.
(b) What is a trade policy ?
(c) Give the meaning of competitive advantage.
(d) What is free trade ?
(e) What do you mean by host country ?
(f) What is liberalization ?
(g) State any three merits of subsidy.
(h) What is global company ?
(i) What is economic integration ?
(j) Define the term price differentiation.
(k) What is turnkey project ?
(l) What do you mean by international marketing ?
SECTION - B
Answer any three of the following questions. Each question carries five marks. 3x5=15
2. Explain the salient features of international business.
P.T.O.
71890/D020 2
SECTION - C
Answer any three questions. Each question carries fifteen marks. 3x15=45
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!71890D020!