IGNOU IBO-01 June 2015 Previous Year Question Paper

Q1.Comment on any four of the following statements : 4x5=20

(a) Dumping is not an unethical activity.

(b) ECGC enhances credit worthiness of not only export business but also of exporters.

(c) Business strategies which are successful in one country will also be successful in another country.

(d) Basic functions, processes and techniques of international business are essentially the same as those involved in domestic business.

(e) Free trade is always better than no trade.

(f) Ethical dilemmas and ethical lapses are the same. PART - B (Attempt any four questions from this part)

Q2.(a) What are various forms of Regional Economic Groupings ? Give examples. 10+10

(b) Discuss the impact of Regional Economic Groupings.

Q3.(a) Evaluate the advantages and disadvantages of Foreign Direct Investment (FDI). 10+10

(b) What is in your opinion the role of FDI in the economic development of the host country ?

Q4.Explain the factors causing instability in the prices 20 of commodities in international markets. Evaluate the role of International Commodity Agreements in stabilising prices of agricultural products.

Q5.(a) Describe various Internet Services related to the international business. 10+10

(b) Discuss the Global Trade Point Network.

Q6.What are the major issues in settlement of 20 international trade disputes ? Discuss the role of International Chambers of Commerce (ICC) in this regard.

Q7.Explain the multilateral agreements related to : 10+10

(a) Agriculture

(b) Trade Related Investment Measures IB0-01

Q8.Attempt short notes on any two of the following : 10+10

(a) Current Account of Balance of Payments

(b) Terms to trade

(c) General Agreement on Trade in Services (CATS)

(d) Modern theory of trade IB0-01 3 13f0T - 3T