NMIMS Internal Assignment - India’s Foreign Trade - Dec 2017

Teacher Name : Pathshala Admin

About Course:

NMIMS Internal Assignment - India’s Foreign Trade - Dec 2017

Question 1 What does foreign trade refer to and why is it important for any country to participate in foreign trade. State which guiding factor and reform measures can the Government of India leverage to further boost the international trade prospects of India’s agriculture sector. (10 Marks)

Question 2 Essence of international trade lies in comparative difference rather than absolute difference in cost. State the rationale, assumptions, limitations and advantages of this doctrine in International Business. How does this lead towards international specialization? (10 Marks)

Question 3 Explain the three rules for any organization to decide on its choice of entry strategy in International markets.

  1. An International food company wishes to enter India to start their operations. (5 Marks)
  2. Suggest the choice of entry strategy and which of the three rules they should follow. (5 Marks)

About Educator:

NMIMS is the first b-school to be accredited by aicte and was established in 1981. It got associated to Mumbai University with a desire of empowering students to contribute in the advancement of society and also to pass on knowledge by using new technology as well as upgraded knowledge.

Pathshala is India's best  Education Market place to search, manage, advertise, and sell, connecting students from everywhere across the globe to the dynamic, influential and knowledgeable teachers from diffrent parts of the country.
The organisation has been giving instantaneous efforts to eradicate the distance, being the reason that thousand getting educated on virtual platforms at their own convenience.