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                                                 National Open University of Nigeria
                                             14-16 Ahmadu Bello Way, Victoria Island Lagos 
                                                          School of Management Science
                                                    September/october 2015 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.define the concept liquidity, liquid assets and international liquidity 

b. describe briefly the different methods of foreign market entry

2a. what is the different between terms of trade and restriction in international trade?

b.list and explain some of the factors which can affect a country terms of trade i

3a. in your own words define the following concepts and show the area of convergence 

3b. list and discuss some of the reason why countries engage in international trade 

4. what are the responsibilities of banks in a documentary collection transaction?

5a. list and discuss some of the reasons why countries engage in international trade 

5b. differentiate between international trade and domestic trade
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you can also attend Online Classes,Online Colleges,online tutorials. to be well prepared for exam Goodluck.

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