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MNB3701 JUNE 2018 MOCK EXAM

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MNB3701 JUNE 2018 MOCK EXAM LAYOUT INCLUDING SECTION A SOLUTIONS

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Examples of the possible structure of examination questions. Please, NOTE that
these are NOT examination questions, but rather a guide to how questions could
possibly be structured.


SECTION A MULTIPLE CHOICE QUESTIONS(20
MARKS)

Question 1

Which of the following best describes globalisation?

1. A process through which economic and political barriers are removed
between nations.
2. A process through which economic and social barriers are removed between
nations.
3. A process through which all forms of artificial barriers are removed between
nations.
4. A process through which political and social barriers are removed between
nations.

Question 2

Which one of the following options is NOT a motivation for embracing
globalisation?

1. Globalisation enhances the manufacturing capability of developing nations.
2. Globalisation results in the more efficient utilisation of economic resources.
3. Globalisation leads to lower prices for consumer goods and services.
4. Globalisation globally increases per capita income in equal proportion.

Question 3

Which one of the following plays an important role in influencing international
business operations?

1. The inequality in the application of global trade regulations by the WTO.
2. The increasing measure of regional integration across the world.
3. The increasing lack of competitiveness of global businesses.
4. The positive impact of trade diversion within the EU.



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