Question 1:
a) Identify and describe the two main exchange rates systems.
b) Differentiate between the three kinds of foreign exchange risks.
Question 2: State and describe (by using relevant examples) five reasons why businesses might operate internationally.
Question 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.
Question 4:
a) Differentiate between three major forms of counter trade.
b) What are their main problems?
Question 5: Describe the merits and demerits of countries imposing import tariffs and non-tariff restrictions.
Question 6:
a) Describe the difference between country and buyer risk.
b) Identify and describe two foreign exchange external hedging methods generally used.
Question 7: Assess the merits and demerits of regional economic integration in preference to free trade.
Question 8: Describe the following:
a) Comparative cost theory
b) Euromarkets
c) International Monetary Fund
d) Factoring