IGNOU IBO-01 June 2016 Previous Year Question Paper

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

(a) World trade has been growing faster than world output.

(b) Globalisation of capital markets is a major force that propelled globalisation.

(c) Environment is now well and truely entrenched in the WTO Agenda and no nation can afford to ignore this fact.

(d) Managers' ability to control foreign operations has contributed a great deal to the growth of international business.

(e) Changes in exchange rates influence a country's balance of payments.

(f) Developments in computer and telecommunications in recent decades has moved the world from manufacturing to information technology.

Q2.Define iglobalisation'. Discuss the main factors propelling the process of globalisation, with suitable examples. 5+15=20

Q3.What are the major types of economic integration ? Briefly describe the main features of each of them. Also discuss the impact of integration on economies of member countries. 5+5+10=20

Q4.Examine various codes of ethics for international 20 marketing relevant for multinational corporations.

Q5.Discuss the significance of political environment on international business. What factors need to be taken into consideration while analysing political environment of country under consideration for investment ? 8+12=20

Q6.Describe main elements of Trade Point Network 20 and Electronic Trading Opportunities Scheme.

Q7.Discuss the Bretton Woods System and explain the reasons for its breakdown in 1971. What is the present exchange rate system ? 15+5=20 IB0-01 2 I aTr-Pfkail.-oi aiWittEro c 1l 1 51 1:1101 -4 t1lrIc41)Tli

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Q17.Write short notes on any two of the following :

(a) Tariff and Non-tariff Barriers 10x2=20

(b) International Development Association

(c) Salient features of Arbitration and Conciliation Act, 1996

(d) GATS IB0-01 3 1BO-01