Attempt all the questions given below:
Question 1: What do you mean by the term international business environment? Explain in brief any four components which play prominent role in foreign environment.
Question 2: Describe the concept of globalization. Analyze the main forces which have accelerated the movement of globalization.
Question 3:
a) Explain the functions of WTO in integrating the economy of world.
b) Describe the main goals of Uruguay Round Agreements.
Question 4: Differentiate between:
a) Micro and Macro Environments.
b) Current Account and Capital Account.
c) Formal Contracts and Simple Contracts.
d) Utilitarianism and Formalism.
Question 5: Write short notes on the given terms:
a) FDI.
b) TNCs.
c) Ethical Issues in International Trade.
d) Internet Services.