IB0 01 INTERNATIONAL BUSINESS ENVIRONMENT
December 2018
Question Paper
Time : 3 hours
Note : Attempt both Part - A and Part
- B as per instructions.
PART - A
1. Comment
on any four of the following statements :
(a)
"Trade policy is an important instrument to regulate the foreign
trade".
(b)
"Globalisation refers to the absence of borders and barriers to trade
between countries".
(c)
"Intellectual Property Rights have become an important issue in
International Business scenario".
(d)
"The ethical codes should not be too vague or too detailed".
(e)
"Understanding of new technology is essential for new product
development".
(f)
"Fluctuations in exchange rates affect the profitability of not only
exporting/ importing firms but also purely domestic firms".
PART - B
(Attempt any
four questions from this part ) :
2. Critically
examine the Modern Theory of International Trade.
3. What is
Balance of Payments ? How does disequilibrium occur in Balance of Payments ? Describe
the methods of correcting the disequilibrium.
4.
Distinguish between tariff and non-tariff barriers. Explain various non-tariff
barriers in the International Trade.
5. Explain
the following :
(a)
Electronic Data Interchange (EDI)
(b) Global
Trade Point Network (GTPN)
6. Write
explanation note on any two of the following :
(a) Free
Trade and gains from trade.
(b) Terms of
Trade.
(c) General
Agreement on Trade in Services (GATS).
(d)
Regionalism versus Multilateralism.
7. Explain
the structure and functions of WTO. Is the WTO helpful to international
business or is it a hindrance ? Give your precise opinion.
8. (a)
Explain the role of transfer of technology in International trade.
(b) Discuss
the recent trends and current issues in technology transfer.
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