IB0 001 INTERNATIONAL
BUSINESS ENVIRONMENT
June 2017
Question Paper
Time : 3 hours
Note : Answer both the parts.
Part - A
1. Comment
on any four of the following :
(a) Politics
has always played and will continue to play an important role in shaping
business all over the world.
(b) Basic
Functions, processes and techniques of international business are essentially
the same as those involved in domestic business.
(c) The
continuous deficits of Balance Of Payments (BOP) is an important indicator in
credit rating of countries.
(d)
Non-tariff barriers do not restrict market access to the products of developing
countries.
(e)
Globalization refers to the absence of borders and barriers to trade between
countries.
(f)
Glocalization is considered to enjoy the advantages of both globalization and
localization.
Part-B
Answer any
four of the following:
2.
Critically examine Ricardian Theory of Trade.
3. What are
various forms of Regional Economic Groupings ? Discuss the impact of Regional
Economic Groupings.
4. How does
disequilibrium occur in balance of payments ? Describe the methods of
correcting the disequilibrium.
5. What are
Transnational Corporations (TNCs) ? Why do firms become transnational ?
Describe main features of TNC.
6. Explain
briefly the various laws the exporter has 20 to take into account before
conclusion of the export contract.
7. Write
short noteson any two of the following :
(a) UNCTAD.
(b) Special
Drawing Rights (SDRs).
(c) Role of
ICCinarbitration and conciliation.
(d)
TheWorldWide Web (WWW).
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