International Business
Topics Covered: 1. Definition 2. Purpose of International Business: Definition: International business is the...
International Trade
Alternative Theories of Firm
Outline some of the reasons why the neo-classical theory of the firm may have been...
Structure Conduct & Performance
Structure-Conduct-Performance The structure-conduct-performance (SCP) paradigm has played an important role in industrialorganisation research since the...
WTO & SAFTA
World Trade Organization (WTO) WTO was established on 1 January 1995. Nepal became 147th member...
Nepal’s Foreign Trade
In the past, Nepal’s trade relation was only with India and China. But nowadays, its...
Meaning of Key Terms
Constant cost: Equal average cost of production at all the levels of output Opportunity cost:...
Balance of Trade/Payment
Balance of Trade Balance of trade is the summary of the total volume of exports...
Questions & Answers (Very Short – Trade & International Trade)
What do you mean by international trade? International trade is the means of exchange of...
Trade and Trade Barrier
Free Trade If the government does not impose any kind of restriction on export and...
International Trade
Introduction International trade is the transaction of goods and services between different countries. It is...