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IBO-1 Solved Assignment 2023-24 for July 2023 and January 2024 Session
TUTOR MARKED ASSIGNMENT
COURSE CODE : IBO-01
COURSE TITLE : International Business Environment
ASSIGNMENT CODE : IBO-01/TMA/2023-2024
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Attempt all the questions:
1. a) Define international business environment. Differentiate between micro and macro environment with examples.
b) What is political risk? Discuss the major types of political risk with examples.
2. a) Explain various theories explaining emergence of TNCs in the world economy.
b) Highlight the main advantages and disadvantages of TNCs operations for the host country and the investing country.
3. Comment on the following:
a) Tariff barriers are not the only instrument to restrict trade and give
protection to the domestic import competing industry.
b) All contracts are agreements but all agreements are not contracts.
c) Indian foreign trade policy does not facilitate the import of technology.
d) In the neoclassical model free trade not only equalises the relative commodity price in the two countries but also equalises the relative wage rate.
4. Distinguish between:
a) Custom union and Common market
b) GATT and WTO
c) Export sales contract and Domestic sales contract
d) Express contract and Implied contract
5. Write short notes on the following:
a) Porter’s view of Globalization
b) Hosmer’s model for ethical analysis
c) Role of services in economic development
d) Sales of goods act, 1930