TUTOR MARKED ASSIGNMENT
Course Code : IBO – 01
Course Title : International Business Environment
Assignment Code : IBO – 01/TMA/2015-16
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. Distinguish among domestic, foreign and global environment. Explain the economic, socio-cultural and financial environment related to the international business with suitable examples.
2. (a) Describe the non-equity forms of Technology transfer by TNCs and Small and Medium Enterprises.

(b) Briefly discuss major International Commodity Agreements.
3. You are a manager of an export Firm and planning to export Fashion Garments to USA. Draft a standardized Export Sales Contract for this purpose.
4. Comment on the following:

(a) Globalization has not led to the world economic growth.

(b) TNCs do not use transfer pricing.

(c) Regional Economic Groupings do not facilitate trade diversion.

(d) International Trade in services do not facilitate economic development.
5. Write short notes on the following:

(a) Modern Theory of Trade

(b) Essential Elements of a Valid Contract

(c) Application of Lex Causae to Sale of Goods

(d) Ethical v/s Unethical activities in International Marketing Practices)