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ASSIGNMENT
DRIVE-FALL
2014
PROGRAM-MBADS
(SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDIB (SEM 2)
SUBJECT
CODE & NAME-IB0017 –International Business Environment and International
Law
BK
ID-B1909
CREDIT
& MARKS-4 CREDITS, 60 MARKS
Q1. Which are the
important factors affecting economic environment? Discuss.
(Explain the
factors)10
Answer.
Factors
affecting economic environment
The
economic environment of business is affected by internal and external factors.
An internal factor that affects the business environment is the cost of labor,
materials, processes and procedures. Internal factors can be improved through
company projects. The economic environment consists of external factors in a
business' market and the broader economy that can influence a business.
Macroeconomic
influences are broad economic factors that either directly or indirectly affect
the entire economy and all of its participants, including your busines
Q2. Explain the
relationship between law, business and international law. How is international
law considered to be mixed in nature?
(Relationship, International
law)6, 4
Answer.
Relationship
between law, business and international law
International
business and economic law involves the public international law and domestic
law applicable to international business transactions between private parties,
as well as the public international law applicable to trade and investment
relations between or among states. The concerns of international economic and
business law relate to the international economy, and involve sales of goods,
trade in services, intellectual property licensing and protection,
international finance and foreign
Q3. What are the
laws regarding carriage of goods by sea? What the related liabilities of
international carriage of cargo?
(Carriage of goods
by sea, International carriage of cargo)7,3
Answer.
Laws regarding
carriage of goods by sea
The
Carriage of Goods by Sea Act ("COGSA") is a United States statute
governing the rights and responsibilities between shippers of cargo and
ship-owners regarding ocean shipments to and from the United States. It is the
U.S. enactment of the International Convention Regarding Bills of Lading,
commonly known as the "Hague Rules". It was found in Title 46
Appendix of the United States Code, starting at Section 1301, but has been
moved to a note in 46 United States Code 30701.
The
United States Congress, concerned th
Q4. Write short
notes on:
a. Export cartels
b. Customs and tariffs
(Meaning and role
of export cartel, Meaning and role of customs and tariff)5,5
Answer.
Meaning and role
of export cartel
“Export
cartels,” or “export associations, “ are cartels formed solely for the purpose
of engaging in export trade. They fall into several categories, depending upon
their scope and constituency. There are “pure” export cartels, which are cartel
agreements that restrain competition directed exclusively at foreign markets.
They can involve practices that are efficiency enhancing, or practices that are
Q5. How does the
TRIPs agreement protect IPRs? What are the 7 intellectual properties defined in
TRIPs?
(TRIPS and IPRs, intellectual
properties)5,5
Answer.
TRIPs agreement
protect IPRs
The
TRIPS agreement introduced intellectual property law into the international
trading system for the first time and remains the most comprehensive
international agreement on intellectual property to date. In 2001, developing
countries, concerned that developed countries were insisting on an overly
narrow reading of TRIPS, initiated a round of talks that resulted in the Doha
Declaration. The Doha declaration is a WTO statement that clarifies the scope of
TRIPS, stating for example that TRIPS can and should be interpreted in light of
the goal "to promote access to medicines for all."
Intellectual
properties defined in TRIPs
Intellectual property
rights can be defined as the rights given to people over the creations of their
minds. They usually give the creator an exclusive right
Q6. Which are the
various kinds of investment treaties and how do they function?
(Investment
treaties meaning, Kinds,Function)2,4,4
Answer.
Investment
treaties
An
investment treaty is an agreement made between two or more sovereigns that
safeguards investments made in the territory of the signatory countries.
Sovereigns purportedly promulgate these investment treaties as “a means to
satisfy the need to promote and protect foreign investment and with a view to
enhancing the legal framework under which foreign investment operates.”
Kind
Bilateral
Investment Treaties
UNCTAD
BITs Online (Searchable Database)
Free
Get fully solved assignment, plz drop a mail with your sub code
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Charges for mba rs 125/subject and rs 700/semester only.
For other rs 125/subject only
if urgent then call us
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