Monday, October 12, 2020

IBO 001 INTERNATIONAL BUSINESS ENVIRONMENT December 2017 Question

 

IBO 001 INTERNATIONAL BUSINESS ENVIRONMENT

December 2017 Question

Time : 3 hours

Note : Answer both the parts.

PART - A

1. Comment on any four of the following :

(a) Culture cannot be easily isolated from such factors as economic and political conditions and institutions.

(b) If a country's inflation rate increases in relation to the countries with which it trades, its current account would be expected to increase.

(c) Understanding of new technology is essential for new product development.

(d) The purpose of a trade theory is to explain the pattern of trade between two countries.

(e) Trade policy is an important instrument to regulate the foreign trade.

(f) Intellectual Property Rights have become an important issue in current international business Scenario.

PART - B

Answer any four of the following :

2. (a) Describe factors affecting the balance of payments.  

(b) Explain methods of correcting disequilibrium in the balance of payments.

3. Critically examine the Modern Theory of ,International Trade.

4. (a) Why do firms become transnational ? Give your arguments.  

(b) Discuss the issues and controversies of Transnational Corporations.

5. What are the key features of Foreign Direct Investment (FDI) in India ? Distinguish between Direct and Portfolio investments, clearly pointing out their respective key characteristics.

6. What are the major problems faced by developing countries in promoting their exports ? What are your suggestions to solve these problems ?

7. Write short notes 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

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