International Business Question Paper 2022
[Assam University B.COM. 6th Sem Hons CBCS Pattern]
COMMERCE (Honours)
(6th Semester) Course No: COMDSE-601T/602T
(International Business)
Full Marks: 70
Pass Marks: 28
Time: 3 hours
The figures in the margin indicate full marks for the questions
SECTION – A
Answer any twenty of the following as directed: 1 x 20 = 20
1. What is meant by international business?
2. What do you mean by contract manufacturing?
3. Mention one important reason why companies go global.
4. What factors constitute social environment?
5. International business is a narrower term than international trade. [Write True or False]
6. Who propounded the factor endowment theory?
7. What is meant by quota?
8. What are anti-dumping duties?
9. The full form of UNCTAD is _______. [Fill in the blank]
10. What do you mean by embargo?
11. The full form of NAFTA is _______. [Fill in the blank]
12. Name the types of foreign investments.
13. State two features of foreign exchange market.
14. What do you mean by regional economic cooperation?
15. International Bank for Reconstruction and Development (IBRD) is popularly known as _______. [Fill in the blank]
16. What is meant by business negotiation?
17. How should the organizational structure of an exporting firm be?
18. Name some services that can be outsourced.
19. “India is a leading destination for global outsourcing.” [Write True or False]
20. Mention one drawback of outsourcing.
21. Name few advisory boards responsible for promotion of exports.
22. Units in Special Economic Zone (SEZs) enjoy exemptions in customs duty on _______. [Fill in the blank]
23. What do you mean by letter of credit?
24. Give one example of joint venture.
25. What is meant by open account?
SECTION – B
Answer any five of the following questions: 2 x 5 = 10
26. Mention one positive and negative impact of globalization in Indian economy.
27. Differentiate between Licensing and Franchising.
28. Differentiate between Tariff and Non-tariff barriers.
29. Write a short note on Balance of Payments.
30. Differentiate between Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI).
31. Write a short note on SAARC.
32. What is global outsourcing?
33. Mention the steps involved in the process of international business negotiation.
34. What is meant by joint venture?
35. Write a note on forfeiting.
SECTION – C
Answer any five of the following questions: 8 x 5 = 40
36. Discuss the various complexities faced by international business. 8
37. Explain in brief how economic and political environments effect international business. 4+4=8
38. Compare and contrast between Absolute Cost Advantage theory and Comparative Cost Advantage theory. 8
39. Write the principles and functions of the WTO. 4+4=8
40. Discuss the various forms of regional groupings. 8
41. Discuss how foreign investment plays a vital role in economic development of countries. Also mention its limitations and dangers for host countries. 5+3=8
42. Discuss the ecological and ethical considerations in international business. 4+4=8
43. Discuss the role of Information Technology (IT) in international business. 8
44. Discuss the various measures adopted for promoting export in India. 8
45. Write the objectives and functions of EXIM Bank of India in facilitating trade. 4+4=8
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