Roll No

M.I.E.T. ENGINEERING COLLEGE, TRICHY 620007

DEPARTMENT OF MANAGEMENT STUDIES (MBA)
CYCLE TEST I
BA 7023 INTERNATIONAL TRADE FINANCE
Time: 1 Hr&30 min
Marks: 50
Semester: III
Date: 24/08/2016
Answer all the questions
Part A (5x2= 10)

1. Define International Trade Finance.

2. What is WTO?
3. Define EXIM Policy.
4. Define balance of payment.
5. What is the meant by letter of credit?
Part B (2x13= 26)
6. Elaborately discuss about the barriers of International Trade Finance.
OR
7. Explain about the elements of Indian EXIM Policy.
8. Discuss briefly about WTO Objectives, Functions, and Advantages & Disadvantages.
OR
9. Elaborately discuss the different types of INCO terms.
Part C (1x14= 14)
10.Case:
A moderately large scale company started some two decades ago has built up strong brands and
reputation over the years for quality healthcare (including personal healthcare) products. It now
wants to enter into foreign markets and seeks your advice. The company management wants you
to explain briefly all the possible modes which could be open to it and then wants you to zero on
two best modes. What two best modes would you suggest and why ?