Attempt all the problems.
problem1) What do you understand by international business environment? describe briefly any four components which play prominent role in foreign environment.
problem2) Describe the concept of globalization. Analyse the main forces which have accelerated the movement of globalization.
(a) describe the functions of WTO in integrating the economy of world.
(b) Describe the main goals of Uruguay Round Agreements.
problem4) Differentiate between:
a) Micro and Macro Environments
b) Present Account and Capital Account
c) Formal Contracts and Simple Contracts
d) Utilitarianism and Formalism
problem5) prepare brief notes on:
(c) Ethical Issues in International Trade
(d) Internet Services.