IGNOU IBO-01 December 2022 Previous Year Question Paper

Q1.Comment on any four of the following statements using about 100 words for each : 4×5=20

(a) ‘Foreign trade is an engine of growth.’

(b) ‘Balance of payments always balances.’

(c) ‘By keeping her doors wide open to MNCs India will be able to proceed along the desired path of development.’

(d) ‘Growing foreign exchange reserves are not always an index of good health of an economy.’

(e) ‘World’s trading nationals have become increasing interdependent.’

(f) ‘Understanding of new technology is essential for new product development.’ Part—B

Q2.Answer any four questions from this Section.

(a) What are the key features of F oreign Direct Investment (FDI) in India ? Distinguish between Direct and Portfolio investments, clearly pointing out their respective key characteristics. 10

(b) Discuss the advantages and limitations of FDI for developing countries.

Q3.Explain the concept a nd different forms of Alternatives D ispute Resolution (ADR) Mechanism.

Q4.Write short notes on any two of the following : 10+10

(a) Strategic alliances

(b) Special Drawing Rights (SDR)

(c) General Agreem ent of Trade in Services (GATS)

(d) Global Trade Point Network

Q5.Discuss recent trends and current issues in the transfer of technology.

Q6.(a) Describe the factors affecting the balance of payments. 10

(b) Explain the methods of correcting disequilibrium in the balance of payments. [ 4 ]

Q7.(a) Describe various Internet services related to the international business. 10

(b) Discuss the Global Trade Point Network.

Q8.(a) Why do firms become transnational ? Give your arguments. 10

(b) Discuss the issues and controversies of transnational corporations. 10 vUrjkZ"Vªh; O;olk; izpkyu esa LukrdksÙkj fMIyksek@okf.kT; esa LukrdksÙkj mikf/ (ih- th- Mh- vkbZ- ch- vks-@,e- dkWe-) l=kkar ijh{kk fnlEcj] 2022 vkbZ-ch-vks--01 % vUrjkZ"Vªh; O;olk; ifjos'k le; % 3 ?k.Vs vf/dre vad % 100 uksV % nksuksa [k.Mksa ls funsZ'kkuqlkj mÙkj nhft,A [k.M&d 1- izR;sd dks yxHkx 100 'kCnksa esa fy[krs gq, fuEufyf[kr esa ls fdUgha pkj dFkuksa ij fVIif.k;k¡ dhft, % 5×4=20

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