Name of the University : Vardhman Mahaveer Open University
Degree : M.Com
Department : Economics
Subject Code/Name : MCOM-07 – International Business
Year : II
Document Type : Question Bank
Website : vmou.ac.in
Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/vmou.ac.in/3653.-MCOM-07_218.pdf
International Business :
VERY SHORT QUESTIONS :
1. What do you understand by international business-
2. Define international business environment-
Related : VMOU MCOM03 Financial and Corporate Accounting M.Com Question Bank : www.pdfquestion.in/3657.html
3. Give full form of G.A.T.T-
4. Define economical environment-
5. What do you mean by industrial behavior environment-
6. Define principles of international trade-
7. Give two critism of olhin principle of international business-
8. What do you mean by comparative cost theory-
9. Give one critism of comparative cost theory-
10. What do you mean by balance of payment-
11. What do you mean by favorable balance of payment-
12. What are the types of balance of payments-
13. What do you mean by terms of trade-
14. Write the names of type’s terms of trade-
15. What do you mean by reciprocal demand-
16. Define utility-
17. Define globalization-
18. Define two problems of globalization-
19. Explain two advantages of globalization-
20. Give two disadvantages of globalization-
21. Define Multinational Corporation?
22. Give two objectives of Multinational Corporation?
23. Give two characteristics of Multinational Corporation?
24. Give two advantages of Multinational Corporation?
25. Define technological transfer?
26. Give two elements of technological transfer?
27. Give two objectives of technological transfer?
28. Give two importance of technological transfer?
29. Define W.T.O?
30. Give two characteristics of W.T.O?
31. Give two advantages of W.T.O?
32. Give two objectives of W.T.O?
33. Give full form of N.A.F.T.A?
34. Give full form of COMESA?
35. Give full form of O.P.E.C?
36. What are the types of commodity agreements?
37. What do you mean by international cartel?
38. Give two objectives of World Bank?
39. In which year world bank established?
40. Give two success points of monetary fund?
SHORT TYPE QUESTIONS :
1. What do you understand by international business environment-
2. Explain the factors which affect international environment-
3. Explain the various principles of G.A.T.T-
4. How technical and economical environment effect international business-
5. Explain the term comparative cost theory used in international business-
6. Explain Ohlin cost theory-
7. Explain the difference between Ohlin theory and Hoskher theory-
8. Give difference between balance of payment and balance of trade-
9. Explain the various items which are included in balance of payment-
10. Balance of payment is always balance explain-
11. Why B.O.P is important for any country explain-
12. What do you mean by terms of trade
13. Explain favorable and unfavorable terms of trade-
14. Explain the importance of terms of trade-
15. Explain the following Actual cost terms of trade and income terms of trade-
16. What do you mean by globalization-
17. Explain the advantages of globalization-
18. Explain the disadvantages of globalization-
19. Explain the impact of globalization on Indian industries-
20. What do you mean by multinational organization-
21. Explain the various objectives of multinational organization?
22. Explain the various characteristics of multinational organizations?
23. Explain the advantages and disadvantages of multinational organizations?
24. What do you mean by technological transfer?
25. Explain the need and importance of technological transfer?
26. Explain the various elements of technological transfer?
27. Explain the objectives of technological trasfer?7
28. Explain the importance of world trade organization?
29. Explain the objectives of world trade organization?
30. Explain the advantages of world trade organization?
31. Give difference between W.T.O and G.A.T.T?8
32. Give the objectives of ascean?
33. Explain the meaning and objective of NAFTA?
34. Explain the main objectives of G15?
35. Explain the main objectives of G20?9
36. Define multiple commodity agreements?
37. Explain the system of multiple trade commodity procedure?
38. Explain the types of commodity agreements?
39. What do you mean by international cartel? Explain the advantages of international cartel?
40. Explain the objectives of international monetary fund?
41. What advantage did India get from international monetary fund?
42. Explain the objectives of World Bank?
43. Write short note on international monetary corporation?11
44. Explain the objective of Indian foreign trade?
45. Explain and put light on Indian future foreign trade?
46. Define international business? Explain import and export commodities of India?
47. Explain the main objective of setting up the special economic zone?
48. What do you mean by export trade?
49. What do you understand by public sector trading undertaking?
50. What do you mean by advisory committee?