a) What do you mean by counter trade? Describe the main forms it can take.
b) Describe the major problems of counter trade.
a) State and describe two theories of international trade.
b) What are their major limitations?
a) What are the features which find out the nature of a multinational company?
b) Describe, by using appropriate exs, three advantages and three criticisms of multinationals.
a) Differentiate between tariff and non-tariff barriers in the context of international trade.
b) Describe the arguments for the tariff protection.
a) What do you mean by GATT and what are its major objectives?
b) Describe the challenges faced by the GATT.
c) What are the advantages of the membership of GATT?
a) State and differentiate between the three kinds of foreign exchange risks.
b) Describe the reasons why exchange rates move in a floating exchange rate system.
problem 7: describe the following with specific reference to risks of international market entry:
b) Joint ventures
problem 8: State and describe four hedging methods to decrease or remove foreign exchange risks.