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I.B.O –
01
International Business Environment IGNOU IBO 01 Solved Assignment
2023-24
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Attempt
all the questions:
Q1. (a) Briefly explain
the political and economic environment of International Business.
(b) What do you mean by
disequilibrium in balance of payments. What are the causes behind it? How can
it be corrected.
Q2. Briefly explain the
areas of international trade disputes. Explain the methods of settling the
trade disputes along with advantages and disadvantages.
Q3.
Distinguish between the following:
(a) Absolute advantage
& comparative advantage
(b) Arbitration vs.
Litigation
(c) Fixed and Flexible
exchange rate
(d) Current account and
capital account of Balance of Payments.
Q4.
Comment on the following statements:
(a) All contracts are
agreements but all agreements are not contracts.
(b) In the neoclassical
model free trade not only equalises the relative commodity price in the two
countries but also equalises the relative wage rate.
(c) An international
business firm should not monitor the foreign country’s trade, monetary and
balance of payments account.
(d) Indian foreign
trade policy does not facilitate the import of technology.
Q5.
Write short notes on the following:
(a) TRIPS
(b) World Trade
Organisation (WTO)
(c) Alternative Dispute
Resolution (ADR)
(d) Code of Ethics in
International Marketing
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