Winter-2015
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Master of
Business Administration - MBA Semester 4
IB0017-International
Business Environment and International Law
Book
ID-B1909
Assignment
(60 Marks)
Note: Answers
for 10 marks questions should be approximately of 400 words. Each question is
followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. Discuss the pros and cons of
internationalization.
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
Q2. Explain
the relationship between law, business and international law. How is international
law considered to be mixed in nature?
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 direct investment, as well as the settlement of disputes relating
thereto. This field is affiliated with international business studies and with
international economic
Q3. What are
the laws regarding carriage of goods by sea? What the related liabilities of
international carriage of cargo?
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.
Q4. Write short notes on:
a. Labour rights
b. European Union
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 the
Q5. How does
the TRIPs agreement protect IPRs? What are the 7 intellectual properties
defined in TRIPs?
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?
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.”
Winter-2015
Get solved
assignments at nominal price of Rs.125 each.
Mail us at: subjects4u@gmail.com or contact at
09882243490
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