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ASSIGNMENT
DRIVE-Spring
2015
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 different structure of demand can be a
prerequisite for a successful foreign market
Q2. Explain the
relationship between law, business and international law. How isinternational
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
Q3. Discuss the
laws related to regulation and promotion of foreign trade in India. (Laws
regulating foreign trade) 10
Answer:
Regulation: To ensure
a full disclosure of all information relating to a franchise company prior
to a franchisee taking on the business, franchise regulations have been put
in place by the Federal Trade Commission (FTC). While the disclosure process
is lengthy and should always include an experienced franchise attorney,
there are basic guidelines to the regulations that a small business owner
should be aware of when considering franchising options. In addition to
the FTC rules, though, many states have implemented their own individual
franchise rules and minimum disclosure requirements. Their policies all
incorporate the FTC regulations as
Q4. Write short
notes on: 5, 5
a. Export cartels
b. Customs
valuation
Answer:
a.
Export cartels:
Export cartels are exempted from the
competition laws of most countries. While some scholars and several WTO members
have recently condemned such cartels, others have argued that they allow
efficiency gains that actually promote competition and trade. This paper
examines the various issues involved, with special reference to developing
countries and to recent discussions on trade and competition policy. After
summarising the contending views on export cartels, and also the scanty
theoretical literature on the subject, it reviews the treatment of such
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
Q6. Which are the
various kinds of investment treaties and how do theyfunction?
(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 fo
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