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2 marks

1. What are Embargoes? Give Example


2. Differentiate Absolute and Comparative Advantage Theory.
3. What is meant by EPZ?
4. What are trade Blocks?
5. What is ECGC?
6. What is buyer’s credit?
7. What do understand by Incoterms?
8. What is brand Revitalization?
9. What is TRIPS? Give example

5 marks

1. Differentiate between Licensing and Franchising. Give example.


2. Briefly explain the Export Procedure.
3. Explain the Absolute Cost Advantage Theory with an example and appropriate diagram
4. Explain the Comparative Cost Advantage Theory with an example and appropriate diagram
5. Describe the benefits of International Marketing.
6. Note on ECGC and its functions.

Red:- Abhi
Green:- Vidya
Blue:- Dev
Black:- Shubhangi
Orange:- Nitin

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