IGNOU. IBO1. INTERNATIONAL BUSINESS ENVIRONMENT. IMPORTANT QUESTIONS FOR DECEMBER 2020 EXAM

IMPORTANT QUESTIONS



IBO1

 1. Explain the concept and different forms of Alternative Dispute Resolution (ADR) mechanism.



 2. What are International Commodity Agreements? What purpose do these agreements serve? What are their usual components? Illustrate your answer by discussing any such agreements.



 3. Distinguish between tariff and non tariff barriers. Explain various non tariff barriers in the international trade. 



 4. What is WTO? Explain the objective, structure and function of WTO. Is the WTO helpful to international business or is it a hindrance? Give your opinion. 



 5. What are Transnational Corporations? Why do firms become transnational ? Describe main features of TNCs. Discuss the issues and controversies of TNCs. 



 6. What is balance of Payments? How does equilibrium occur in BOP ? Describe the method of correcting the disequilibrium. 




 7. Critically examine the Modern Theory of International Trade. 



 8. What are the key features of Foreign Direct Investment (FDI) in India? Evaluate the advantages and disadvantages of FDI. Explain the role of FDI in the economic development of the host country. 



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



10. Why do firms engage in international business? What are the various cultural factors that affect international business? Give suitable illustrations to support your answer. 




 11. Briefly explain the major issues in the settlement of international trade disputes. Discuss the role of international Chamber of Commerce (ICC) in this regard. 



 12. Describe the various forms of Regional Economic Groupings? Discuss the impact of Regional Economic Groupings. 



 13. What are the challenges that globalisation poses for the Indian economy? 



14. a) Explain the role of transfer of technology in international trade. 


 b) Discuss the recent trends and current issues in technology transfer. 




 15. Write short notes on the following: 


 free trade and gains from trade. 

 Terms of trade.

 GATS. 

Religionalism versus Multilateralism. 

Current account of BOP. 

 Electronic Data Interchange. 

Global Trade Point Network (GTPN). 

International Financial Corporation



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