MAASAI MARA UNIVERSITY
SCHOOL OF BUSINESS AND ECONOMICS
UNIVERSITY EXAMINATIONS
SUPPLEMENTARY PAPER MAY 2014
BBM 415: INTERNATIONAL FINANCE
INSTRUCTIONS
Answer question one and any two others
Time allowed 2 hours
Question one
a. Differentiate between World Bank and the World Bank Group (5 marks)
b. State the five closely associated institutions to the World Bank group (5 marks)
c. Explain the functions of African Development Bank (IDB) (5 Marks)
d. What are the importances of economic integration to a country like Kenya? (5 marks)
e. Highlight the disadvantages of free trade in international finance (5 marks)
f. Give reasons for trade restrictions in international finance (5 marks)
(Total marks 30)
Question Two
a. Explain five methods a country can employ in international trade restrictions (10 marks)
b. Discuss the possible disadvantages of international trade restrictions to any developing country. (10 marks)
Question Three
a. Discuss the advantages of export processing zones (EPZ) in international finance (10 marks)
b. Highlight the factors that have led to increase in international finance. (10 marks)
Question Four
In Kenya today, senior management in the public sector are being hired on three year contracts which are renewable. What are the benefits and pillars of this approach to hiring senior managers (20 marks)
Question five
What is a research proposal and why is it useful in conducting strategic management research? Give an outline of the key components of a proposal for a seminar (20 marks)