Q1. Why do countries form trade blocks?

What are the advantages and

disadvantages for member countries and for the companies based within and
those outside the trade blocks?
Outline briefly the strategies for EU being used by MNE based outside EU.
Q2. (a) Name and explain briefly the non tariff barriers used by countries for
control of trade in goods. State the impact of any three of these barriers in
host country Govt. And on companies and consumers in the host country.
(b) State any 10 country attractiveness parameters an MNE would use for a
countrys selection as its regional manufacturing hub for passenger cars. State
your assumptions if any and your rationale for choice of each 10 parameters
Q3. What is meant by a countrys BOP? Outline the impact of FDI on host
countrys and home countrys BOP, economies of host country and home country
and on the companies and citizens of the host country.
Q4. Explain briefly the relevance of international trade theories for Govt of
countries and for MNEs.
Using a diagram, explain porter diamond theory and state its limitations. How
is this theory different from other international trade theories?
How could govt and companies in a country use Porter Diamond theory for their
sustained global competitiveness?
Q5. Explain briefly the following terms and their significance for IB
a. HDI
b. Kyoto Protocol
c. Infant industries
d. Common Market
e. Trade Diversion
f. Spillover effects
g. Privatization