NATIONAL INSTITUTE OF FASHION TECHNOLOGY

(Common Board Examination)

PRACTICE PAPER

Subject: International Business, MFT-II

Hours: 03 hours Max. Marks: 100

Part A:

Q. No I (Fill in the Blanks) (10 x 2 = 20

marks)

1. __________ refers to the purchase of foreign products for use or sale in the
home market.
2. The________________ states that the goods exported are originally
manufactured in the country whose name is mentioned in the certificate.
3. ___________ is a duty paid on manufactured goods, when they enter the
municipal limits of a city or a town.
4. Full form of IIFT is Indian ____________________ .
5. The technical term for _____________ is Documentary credit.
6. Full form of EPZ is ____________________.
7. _____________ is the act of reducing exchange rate risk.
8. The ____________________ deals with the rules of trade between nations at a
global or near global level.
9. __________________ is a tariff barrier similar to anti-dumping.
10._________________ enable duty free import of inputs required for export
production.

Q. No II (Match the Following) (5x

2 = 10 marks)

1.IMF a) was founded to finance the reconstruction of countries

affected by WII.

2. World Bank b)was established in 1960 to assist the poorest

developing countries.

3. IBRD c) was established in July 1944 by 45 government

representatives.

4.IDA d) established in 1966 to promote increased flow of international

investment

5.ICSID e)was established at the Bretton Woods Conference.

Prepared by : Anusha Murthy Harish

 Part B

Q. No III - Short Answer Questions (ANY FIVE - Around 100-150 words)

(5x 5= 25 marks)

1. Define International Marketing, Domestic Marketing. How international marketing

is different from domestic marketing?

2.Explain the Following types of trade barriers

a) Tariff Barriers

b) Non-Tariff Bariers

3.What is Lette of Credit. Explain.

4. What is EXIM Policy ? Explain about Indias EXIM Policy.

5. What is CSR . Explain about the various types of CSR .

6. Explain the following

a) Certificate of Origin

b) Bill of lading

Part C

Q. No IV : Long Answer Questions (ANY THREE -Around 600-750 words)

(3x15= 45 marks)

1. Explain about the all the documents used in Export Documentation.

2. What is FDI? What are the various types of FDI? Explain in detail.

3. Give a detailed analysis of International Commercial Terms (Inco terms).

4. Explain in detail about the various factors involved in the International Marketing
Environment.

Prepared by : Anusha Murthy Harish

Prepared by : Anusha Murthy Harish