DU SOL M.Com Question Paper 1st Year 2018 Sem 2 International Business

This question paper contains 3 printed pages]

Yt>ur Rctll No.

.1095

M.Com. : Semester-lI (NC) G

Paper 4205

(lnternational Business)

Time : 3 Hours Maximum Mark.s : 100

(Iltrite your Roll No. on the top innedialel), on receipt qf this question paper.)

Attempt l// questions.

l// questions carry equal marks.
l. Explain Porter's theory of National Competitive advantage. How

is it an improvement oyer the traditional theories of international

trade ? n
Or

Why is it important for managers engaged in intemational
business to understand the culture of a host country if they

want to develop successful, long-term business relationships ?

Also discuss the various elements of cultural environment that
are of importance in international business. Support your answer

with examples. n

P.T.O.

( 2 ) .1095

What is meant by regional econornic integration ? Explain the

diff'erent levels of regional econornic integration, supporting therl

with examples. What are the benefits and costs associated with

each of these levels of regional economic integration ? 20

Or

Despite free trade being advocated by a number of trade theories,

why do governments still intervene in international trade ? What

are the various tariffand non-tariffmeasures adooted bv countries

to regulate international trade ? n
3. "Globalisation has resulted in rapid growth of international

business activity during the past few decades." What have

been the drivers of globalisation and how have they contributed

to expansion of international business ? .n

Or

Explain the features of the International Monetary System under

the Bretton Woods era. How did this svstem differ fronr the

Gold Standard ? What led to the collapse of the fixed exchange

rate system established under the Bretton Woods era ? T

(3)4095
capital account
current account and
4. (a) Distinguish between
l0
in a countrY's BOP statement'
alliance as a mode
of entry in international
(h) Evah.rate strategic
10

business '

Or

of the Agriculture Agreetnent
(c) Explain the main t-eatures
l0
of WTO'
institutions)
World Bank (and its alfiliated
(d) Explain the role of
assistance
financial and technical
as a vital source of
l0
the world'
to developing countries around
10.10
nl'o of the following :

Write notes on any

FDI
(a) Greenfield and brownfield

(b) Leontifs Paradox

Trading PrinciPles of
WTO'
(c)

900
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