problem 1:

a) Identify and describe the two main exchange rates systems.
b) Differentiate between the three kinds of foreign exchange risks.

problem 2: State and describe (by using relevant exs) five reasons why businesses might operate internationally.

problem 3: There are some methods of entering a foreign market. State and differentiate between any two of these methods and describe their main benefits and drawbacks.

problem 4:

a) Differentiate between three major forms of counter trade.
b) What are their main problems?

problem 5: Describe the merits and demerits of countries imposing import tariffs and non-tariff restrictions.

problem 6:

a) Describe the difference between country and buyer risk.
b) Identify and describe two foreign exchange external hedging methods generally used.

problem 7: Assess the merits and demerits of regional economic integration in preference to free trade.

problem 8: Describe the following:

a) Comparative cost theory
b) Euromarkets
c) International Monetary Fund
d) Factoring