International Business
In the NCERT Business Studies textbook for Class 11, Chapter 11 International Business, you learn how trade extends beyond national borders. The chapter explains the meaning, reasons and scope of international business, and compares it with domestic business in costs, risks and procedures. You study modes of entry such as exporting, joint ventures and wholly owned subsidiaries, the benefits of global trade, export import procedures and documents, and the role of trade promotion bodies and agreements in supporting Indian foreign trade.
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