ENT318 October/November 2014 Examination

                                                                                          

                                                          

                                                               National Open University of Nigeria

                                                                14-16 Ahmadu Bello Way, Victoria Island Lagos 

                                                                               School of Management Science

                                                                        October/November 2014 Examination 

                  COURSE CODE: ENT318

                  COURSE TITTLE: FINANCE OF INTERNATIONAL TRADE  

                  TIME ALLOWED: 2hrs

                   Instructions: ANSWER QUESTION 1 AND ANY OTHER 2 QUESTIONS

                                               Q1 ISCOMPULSORY AND CARRIES 30MARKS WHILE OTHER 2 CARIIES 20MARKS EACH

                                               PRESENT ALL YOUR POINTS IN COHERENT AND ORDERLY MANNER 

1a.what is the difference between terms of trade and restrictions in international trade?

b. list and discuss some of the factors which can affect a country’s terms of trade..

2a. list and discuss some of the reasons why countries engage in international trade.

b. discuss the differences between Domestic and international trade.

3a. write short notes on the following four international monetary institutions:

(a)IMF

(b)IEM

(c)ILE

(d)IDA

(e)MIGA

(f)WTO

(g)WORLD BANK

(h)MIGA

(i)WTO

4a. define concepts liquidity, liquid assets and international liquidity.

b. describe briefly the different methods of foreign market entry. 

5a. describe the various types of invoice and state their uses.

b. what are the types of insurance documents? What precautions must a bank take when handling insurance documents?

1a.what is the difference between terms of trade and restrictions in international trade?

b. list and discuss some of the factors which can affect a country’s terms of trade..

2a. list and discuss some of the reasons why countries engage in international trade.

b. discuss the differences between Domestic and international trade.

3a. write short notes on the following four international monetary institutions:

(a)IMF

(b)IEM

(c)ILE

(d)IDA

(e)MIGA

(f)WTO

(g)WORLD BANK

(h)MIGA

(i)WTO

4a. define concepts liquidity, liquid assets and international liquidity.

b. describe briefly the different methods of foreign market entry. 

5a. describe the various types of invoice and state their uses.

b. what are the types of insurance documents? What precautions must a bank take when handling insurance documents?
********************************************************************************you can also attend Online Classes,Online Colleges,online tutorials. to be well prepared for exam Goodluck.