IGNOU IBO-01 December 2020 Previous Year Question Paper

Q1.Comment on any four of the following : 5×4=20

(a) Settlement is a desirable solution for business dispute s of international characters.

(b) The key factor that makes the market economy work is consumer sovereignty.

(c) Technology is the most important fa ctor behind emergence of globalisation.

(d) Monetary and fiscal policies are important tools for influencing BOP condition.

(e) The Ricardian theory of trade foc uses on the comparative advantage of the nation.

(f) World Bank was set up in response to the pressing need for international capital to finance reconstruction of production facilities destroyed by war. Part—B Answer any four of the following :

Q2.Analyse the main features of world trade in terms of commodity and country region composition.

Q3.How do the cultural factors influence managerial decisions in international business ?

Q4.Explain with examples. 20 [ 3 ]

Q5.When faced with competition from imports, what strategies do the governments adopt ? In this context discuss the tariff and non- tariff barriers.

Q6.Explain the following :

(a) The Most Favoured Nation (MFN) clause.

(b) Role of International Chamber of Commerce in Arbitration and Conciliation

Q7.Discuss the rationale of regional Economic Integration. Also explain the different types of integration, giving suitable examples.

Q8.(a) Distinguish between export -sales contract and domestic sales contract. 10

(b) Describe the provisions of the proper law of contract when choice of law clause does not exist in the contract. 10 [ 4 ]

Q9.Write short notes on any two of the following : 10 each

(a) Dumping

(b) International Commodity Agreements

(c) Ecological Environment

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(v) lokZf/d fiz; jk"Vª vuqPNsn

(c) fookpu rFkk lqyg esa bUVjus'kuy pSEcj vkWiQ dkWelZ dh Hkwfedk 6- {ks=kh; vkfFkZd ,dhdj.k ds vkSfpR; dh O;k[;k dhft,A mfpr mnkgj.k ds lkFk fofHk é izdkj ds ,dhdj.k dk Hkh o.kZu dhft,A 10+10 7-

(v) fu;kZr fcØh vuqca/ vkSj ?kjsyw fcØh vuqca/ esa vUrj crkb,A 10

(c) tc vuqca/ esa dkuwu [k.M dk fodYi ugha gks] rks vuqca/ esa mifLFkr mfpr dkuwu ds izko/ku dk o.kZu dhft,A 10 8- fuEufyf[kr esa ls fdUgha nks ij laf{kIr fVIif.k;k¡ fyf[k, % 10+10

(d) ikVu ([k) vUrjkZ"Vªh; oLrq le>kSrs (x) ikfjfLFkfrd ifjos'k (?k) lsokvksa esa O;kikj IBO–01 20,150