NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY/FEBRUARY 2018 EXAMINATION

COURSE CODE:      BUS726                                                            

CREDIT UNIT: 2

COURSE TITLE:    GLOBAL ECONOMIC ENVIRONMENT

TIME ALLOWED:  2HOURS

INSTRUCTIONS:    1. Attempt question number one (1) and any other two (2) questions.

              2. Question number 1 carries 30 marks, while the other questions carry 20 marks each.

                                   3. Present all your points in coherent and orderly manner.

Question 1

a. List and discuss five main components of the environments.        10marks

b. Discuss the various types of exchange rate            10marks

c. Explain the determinants of economic growth.               10marks

Question 2

a. List and explain the four major theories of international trade that you know. 10marks

b. Discuss any two (2) types of tariffs and barriers that a government can employ. 10marks

Question 3

a. Explain the variety of methods and policies that can be used to control inflation. 10marks

b. Discuss the pre-history of information technology.         10marks

Question 4

a. Elaborate on the five steps of Added Value Negotiation.                 10marks    

b. Discuss the role of global powers in wealth distribution in modern state.   10marks

Question 5

a. How can technological innovation be promoted through entrepreneurship 7marks

b. Explain the two approaches of negotiation.      7marks

c. Discuss the characteristics of global economy.   6marks