B.B.A. (Semester IV) (CBCS) Examination Nov/Dec-2018
INTERNATIONAL BUSINESS
Time: 2½ Hours Max. Marks: 70
Instructions: All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Select the Correct alternative: 07
propounded comparative cost theory.
David Ricardo Heckscher-Ohlin
Adam Smith Mill
trade refers to the flow of goods across national political
borders.
National Foreign
Corporate Internal
tariff are levied as a fixed charged for each unit of the
product imported.
Specific Compound
Ad-Valorem None of these
is the request made by a prospective importers wish to
import certain goods.
Offer Proposal
Receipt Enquiry
form is an exchange control document required by the RBI.
GR-I GR-II
Shipping Bill IEC Form
Fixed Exchanged Rate is also known as
Pegged Exchange Rate Floating Exchange Rate
Managed Exchange Rate Flexible Exchange Rate
IMF was come in action in
1942 1944
1943 1945
Q.1 State Whether the following statement is True or False. 07
A tariff is a type of trade barrier
Services provided across national borders are not considered a part
of international trade.
Trade barriers are an attempt by nations to protect foreign goods.
Franchising is a form of licensing.
Balance of payment means export and import of visible good only.
Forwarding agent works on behalf of Exporter.
Subsidy is the cash incentive offered by producer to exporter.
Q.2. Write short notes (Any two) 14
Problems of International Business
Import Procedure
WTO and Its Objectives
Page 2 of 2
SLR-CI-17
Q.3. Write short answer (Any two) 14
Comparative Cost Theory
Types of Tariff
Importance of MNC
Q.4 What is Trade Barriers? Explain various Non-Tariff Barriers. 14
OR
Explain BOP and its components in detail.
Q.5. Explain Modes of Entries in International Market. 14
OR
Explain various Regional Trade Blocs with its types.