NALANDA OPEN UNIVERSITY QUESTION, 2011, Master of commerce , Part-II, Paper-XV (International Business Environment)

NALANDA OPEN UNIVERSITY QUESTION, 2011, Master of commerce , Part-II, Paper-XV (International Business Environment)

                                                                                  2011
                                                                           Full marks: 80
                                                                            Time: 3 hours
                                          Answer any five questions . All questions carry equal marks.

1. Explain the economic environment of international business.

2. Discuss the opportunity cost doctrine of international trade.

3. What is the difference between balance of trade and balance of payments ? what are the causes of adverse balance of payments?

4. What is globalization? Discuss its salient features.

5. Throw light on the objectives and functions of International Monetary Fund.

6. Write an essay on the legal environment of international trade.

7. Write an essay on foreign exchange market.

8. Describe the development of international monetary system after the second world war.

9. Discuss the relationships between international trade and environment.

10. Write notes on any two of the following:-
      (a) Recent developments in the theory of international trade
      (b) Political Environment
      (c) Exchange control