• Meaning and importance of international business; globalization and its features
• Export and import trade, documentation (L/C, Bill of Lading, Invoice)
• Balance of Payments, foreign exchange, exchange rates and convertibility
• Multinational corporations (MNCs), foreign direct investment (FDI), joint ventures
• Trade barriers: tariffs, quotas, embargoes; WTO, GATT and trade agreements
• Export promotion measures, special economic zones (SEZ), role of EXIM Bank

Highlight: These MCQs are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 11 board exams standard.