KENDRIYA VIDYALAYA

NO.1 KUNJABAN,
AGARTALA TRIPURA
BUSINESS STUSIES SUPPLEMENTARY
PROJECT WORK (2019-20)

SUBMITTED BY: ABOYA

DEBBARMA

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 ACKNOWLEDGEMENT

I WOULD LIKE TO EXPRESSMY SPECIAL THANKS OF

GRATITUDE TO MY CLASS TEACHER ”MR. V.
JAISWAL” FOR HIS SUPPORT IN COMPLETING MY
PROJECT.

I WOULD ALSO LIKE TO EXTEND MY GRATITUDE TO

MY PARENTS WHO HELPED ME DIRECTLY OR
INDIRECTLY.

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 INDEX
1. INTRODUCTION………………………………

2. FEATURES………………………………………

3. TYPES OF INTERNATIONAL TRADE….

4. DIFFERENCES BETWEEN INTERNAL TRADE AND

INTERNATIONAL TRADE……………

5. TWO INDIAN BUSINESS ENTERPRISES HAVING

TRADE WITH FOREIGN COUNTRIES…..

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 6.Two Foreign Business Enterprises Having Trade
With India

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 6. INTERNATIONAL TRADE

International Trade refers to the exchange of goods and services from one

country to another. International trade consists of goods and services moving in
two directions: 1. Imports – flowing into a country from abroad. 2.
Exports – flowing out of a country and sold overseas.

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 FEATURSE OF INTERNATIONAL TRADE
1. International competition:
Producers from many countries complete with another to sell
their products. Therefore, there is intense competition in
international trade. Here the quality, design, packing, price,
advertisement, etc., all play a significant role in deciding the
winner in the market.

2. International rules and regulations:

Businessmen engaged in international trade require knowledge
of international laws and trade restrictions.

3. Government control:
The government of every country exercises control over imports
and exports for national interest.

4. Mutually acceptable currency: The currencies of importing

and exporting countries generally are different. Therefore, it is
necessary to find out a mutually acceptable currency. Generally,
dollar and pound sterling are selected. These currencies are
known as hard currencies because they are acceptable all over
the world.

5. Several documents: A large number of documents are

required in international trade.

1.
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 TYPES OF INTERNATIONAL TRADE
1. Export- The selling of goods and services to foreign
countries is known as export.

2. Import-The buying of goods and services from

foreign countries is known as import.

3. Entrepot- The import of goods and services not for

consumption in home country but for exporting to
other country is known as entrepot.

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 DIFFERENCES BETWEEN INTERNAL TRADE AND
INTERNATIONAL TRADE
S.NO. Point of Difference Internal Trade International Trade
1. Currency Only home currency Only foreign currency
involved involved
2. Country Only one country More than two countries
involved are involved
3. Payment Through cash or Through banks or bill of
cheque exchange
4. Risk Low risk involved Higher risk involved
5. Rules & Regulations National laws International laws and
and regulations regulations are
are applicable applicable

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 Two Indian Business Enterprises Having
Trade With Foreign Countries
1.Excel Enterprise-
Main Area of Expertise: Trading Companies in India
Primary Location-: Vadodara, India
Date of Creation-: 2010

2. NS Corporation-
Main Area of Expertise: Trading Companies in India
Primary Location: Haldwani, India

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Two Foreign Business Enterprises Having
Trade With India
1.Sony Corporation:-

Company Established- 7th may 1946

Nihonabashi, Tokyo,Japan.

Founders- Akio Morita, Masaru Ibuka.

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 2.LG Electronics:-
Headquraters- Seoul, South Korea
Founders- Koo In-Hwoi
Founded- October 1958,Yeonji-dong,Busan,
South Korea

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THANK YOU…

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