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ASSIGNMENT
DRIVE-Winter
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. Discuss the pros and cons of
internationalization. (Pros, cons) 5, 5
Answer: Pros Cons Increasing the annual
net profit or cash High initial investments are necessary, for flows by
transferring competitive example, for a distribution system advantages to a
foreign market Using foreign sales potentials to achieve Costly product
diversification due to, for volume effects by increasing the quantity example,
technological differences or a
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,
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
Q4. Write short notes on:
a. Labour rights
b. European Union
(Meaning and role of Labour rights, Meaning and role
of EU)
Answer:
Meaning and role of Labour rights:
Body of
rulings pertaining to working people and their organizations, including trade
unions and employee unions, enforced by government agencies. There are two
categories of labor laws; collective and individual. Collective labor law
involves relationships between the union, the employer and the employee.
Individual labor law involves concerns for employees' rights in
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
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
Get fully solved assignment. Buy online from website
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or
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if urgent then call us
on 08791490301, 08273413412
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