Test Papers / Previous Question Papers of Indira Gandhi National Open University IBO1 International Business Environment December 2006

Post Graduate Diploma in International Business Operations
Master of Commerce
Term-End Examination

Time: 3 hours
Maximum Marks: 100

December 2006

1. (i) Write short notes on any two of the foltowing : 5+5

(b) Rules of origin

(c) Globalisation

(d) Global Trade Point Network

(ii) Distinguish between any two of the following : 5+5

(a) Depreciation and Devaluation of Currency

(b) Customs Union and Common Market

(c) Balance of Trade and Balance of Payments

(d) Arbitration and Conciliation

2. What are the major trends in international trade in recent years? Which product-groups have turned out to be the most dynamic product-groups and why? Explain in detail. 20

3. Enumerate the main elements of culture and explain their significance in international business environment. Give suitable illustrations in support of your answer. 20

4. Explain

(a) The principle of absolute advantage, and

(b) the principle of comparative advantage.

Give suitable illustrations. 10+10

5. Distinguish between tariff and non-tariff barriers. Discuss briefly major kinds of non-tariff barriers and their implications for growth of intemational trade.

6. Describe the recent trends in FDI flows with underlying reasons for the same. Is it necessary to have a comprehensive multilateral framework to facilitate growth of FDI? Give your arguments. 10+10

7. What is GATS? Discuss its salient features and the benefits it brings to developing countries. 10+10

8. Descibe Hosmer's model for ethical analysis of management decisions. Does the model help us to understand the factors affecting managerial decisions across cultures? 15+5

The following is a partial list of Testpapers of similar / related courses to International Business Environment offered by Indira Gandhi National Open University

• IBO1 International Business Environment December 2007 Testpapers
• IBO1 International Business Environment June 2007 Testpapers
• IBO1 International Business Environment December 2003 Testpapers
• IBO1 International Business Environment June 2003 Testpapers
• IBO1 International Business Environment December 2002 Testpapers

Note: The above courses are picked automatically by the website for indicative purpose only. However, students are requested to check with the University for the similarity of the course or for any other information in regard to the course.