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IB
Question Practice

Why do firms engage in international business?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
International Business
Question Bank

Why do firms engage in interna...

Single Answer MCQ
Q-00065147

Why do firms engage in international business?

1

To avoid competition

2

To import goods at higher prices

3

To access a larger market for exports

4

To maintain domestic production only

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Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What is defined as international business?

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Q2.

Which factor has significantly contributed to the growth of international business?

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Q3.

What major organization facilitates international trade?

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Q4.

Why are countries moving towards international business?

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