Attempt all the questions.
Question1) What do you understand by international business environment? Explain briefly any four components which play prominent role in foreign environment.
Question2) Describe the concept of globalization. Analyse the main forces which have accelerated the movement of globalization.
Question3)
(a) Explain the functions of WTO in integrating the economy of world.
(b) Describe the main goals of Uruguay Round Agreements.
Question4) Differentiate between:
a) Micro and Macro Environments
b) Present Account and Capital Account
c) Formal Contracts and Simple Contracts
d) Utilitarianism and Formalism
Question5) Write brief notes on:
(a) FDI
(b) TNCs
(c) Ethical Issues in International Trade
(d) Internet Services.