CONFIDENTIAL BA/FEB 2023/MGT361/358

UNIVERSITI TEKNOLOGI MARA

FINAL EXAMINATION

COURSE INTRODUCTION TO INTERNATIONAL BUSINESS

COURSE CODE MGT361/358
EXAMINATION FEBRUARY 2023
TIME 3 HOURS

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of two (2) parts: PART A (5 Questions)

PART B (2 Questions)

2. Answer ALL questions from PART A and PART B in the Answer Booklet. Start each answer on a
new page.

3. Do not bring any material into the examination room unless permission is given by the invigilator.

4. Please check to make sure that this examination pack consists of:

i) the Question Paper

ii) an Answer Booklet - provided by the Faculty

5. Answer ALL questions in English.

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO

This examination paper consists of 3 printed pages

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CONFIDENTIAL 2 BA/FEB 2023/MGT361/358

PART A

QUESTION 1
a) State five (5) levels of regional economic integration.
(5 marks)

b) Contrast between economic union and political union.

(5 marks)

QUESTION 2

Describe foreign exchange rate quotes with an appropriate example.

(10 marks)

QUESTION 3

a) List the four (4) questions that must be answered for international disputes to be resolved.
(5 marks)

b) Explain the difference between civil law and common law.

(5 marks)

QUESTION 4

a) Give two (2) advantages and three (3) disadvantages of standardized international
marketing.
(5 marks)

b) Classify two (2) important sets of distribution issues faced by international firms.
(5 marks)

QUESTION 5

Illustrate any two (2) elements of Hofstede's cultural dimensions theory.

(10 marks)

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CONFIDENTIAL 3 BA/FEB 2023/MGT361/358

PARTB

QUESTION 1

a) Dunning's eclectic theory stated that Foreign Direct Investment (FDI) will only occur when
three (3) conditions are satisfied. Describe the three (3) conditions.
(10 marks)

b) International trade theories were developed to explain and predict the forces that motivate
trade between residents of two countries. With an appropriate example, describe three (3)
country-based trade theories.
(15 marks)

QUESTION 2

Many firms prefer to enter international markets through ownership and control of assets in
host countries by choosing among three Foreign Direct Investments strategies. Define the
three (3) FDI strategies with two (2) advantages and two (2) disadvantages of each strategy.
(25 marks)

END OF QUESTION PAPER

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