Winter 2014
PROGRAM/SEMESTER-MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2 – SEM 4 PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/ PGDIB/ PGDISMN/ PGDMMN/ PGDOMN/ PGDPMN/ PGDROMN/ PGDSCMN/ PGDTQMN – SEM 2
SUBJECT CODE & NAME-MB0053 –International Business Management
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Q1. “The world economy is globalizing at an accelerating pace”. Discuss this statement and list the benefits of globalization.
Answer.
The world economy is globalizing at an accelerating pace
The world economy is globalizing at an accelerating pace as countries previously closed to foreign
Q2. Compare the Adam Smith and David Ricardo’s theories of international trade with examples.
Answer.
Adam Smith talks about absolute advantage, a concept that’s easy to understand. Absolute advantage merely refers to
Q3. Regional integration is helping the countries in growing their trade. Discuss this statement. Describe in brief the various types of regional integrations.
Answer.
Regional integration
Regional integration is the process by which two or more nation-states agree to co-operate and work closely together to achieve peace, stability and wealth. Usually integration involves one or more written agreements
Q4. Write short note on:
a) GATS (General Agreement on trade in services)
b) ILO (International Labour organization)
Answer.
a) General Agreement on Trade in Services (GATS) –
The General Agreement on Trade in Services (GATS) is the first and only set of multilateral rules governing international trade in services. he General Agreement on Trade in Services (GATS) is a treaty
Q5. What is the difference between domestic and international accounting and how will you measure this difference?
Answer.
Difference between domestic and international accounting
The management of finance in domestic and international business is considerably different. The four major aspects which distinguish international management from domestic financial management are
Q6. Discuss the various payment terms in international trade. Which is the safest method and why?
Answer.
Various payment terms and payment methods in international trade
There are four methods of payment for the international transactions. This includes the Cash-in-advance method, Letter of Credit, Documentary collections and the Open Account. Since international trade deals
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412
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