Test Papers / Previous Question Papers of Indira Gandhi National Open University IBO1 International Business Environment December 2007

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

Time: 3 hours
Maximum Marks: 100

December 2007

1. Write short notes on any two of the following : (10+10)

(a) Regional Development Banks

(b) Elements of cultural environment

(c) Multilateral Environmental Agreements

(d) Commerce Net

2. What do you understand by 'Globalisation'? Explain, with appropriate exarnples, the major forces that have brought about globalisation in business. (5+15)

3. Discuss the basic elements of Ricardian theory of trade. What are its underlying assumptions and limitations ? 10+10

4. What are the scope and functions of WTO? Is WTO an improvement over GATT arrangements? If so, how? Discuss. (10+10)

5. Distinguish among : (20)

(a) Free trade area

(b) Customs union

(c) Common market

(d) Economic and monetary union and

(e) Political union.

Give illustration in support of your answer.

6. What are the major issues in settlement of international trade disputes ? What are the methods available to resolve such disputes? Discuss. (10+10)

7. What is ethical dilemma in international business ? Give suitable illustrations in support of your answer. Also describe frameworks for resolving ethical decisions. (10+10)

8. Account for the growing significance of services, both in developed and developing countries. What are the major service areas from the viewpoint of international trade ? Suggest measures to boost exports of services from the developing countries. (10+5+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 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.