B.Com-B.Com 3rd Sem International Business(Guru Nanak Dev University, Amritsar, Punjab-2013)

Section – A

Attempt any TEN questions. Every question carries 1 mark.
(a)What do you mean by Globalization of Production?
(b) Define Foreign Currency.
(c) Define Totalitarianism.
(d) What do you mean by political risk assessment?
(e) Define Product Patenting.
(f) Define common Law System.
(g) Define Non-Tariff measures.
(h) Define Balance of Trade.
(i) What do you mean by Free Trade Area?
(j) Define Foreign Institutional investments.
(k) Define Bretton Woods System of Exchange Rate.
(l) What do you mean by devaluation of currency?

Section – B

Attempt any two questions. Every question carries 10 marks.
2. Distinguish between Domestic and International Business. Discuss the different modes through which the firm centers into International Business.
3. Discuss the Global Trading Environment of recent times and its implications for Indian Economy.
4. Briefly discuss the different tariff and non- tariff measures adopted by the countries to protect their domestic markets.
5. Write note on following:
(a) UNCTAD
(b) International Monetary Fund (IMF)

Section – C

Attempt any two, every question carries 10 marks.
6. Discuss the Importance of Foreign Investments. What are the major steps which have been taken by Indian government to attract foreign investments?
7. Critically evaluate the experience of European Union for the promotion of Regional Economic Cooperation.
8. Distinguish between Spot Exchange Rates and Forward Exchange Rates. Discuss the important factors which influence the value of a currency.
9. Discuss the significance and contributions of Export Oriented Units (EOU) of INDIA.