IBO 01 Solved Assignment 2023-24
IBO 01 Solved
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Course Code: IBO 01
Assignment Code: IBO 01 ASST/TMA/2023-24
Marks: 100
NOTE: All questions are compulsory
Note: Attempt all the
questions and submit this assignment to the Coordinator of yourstudy centre.
Last date of submission for July 2023 session is 31st October, 2023 and for
January 2024 session is 30th April 2024.
Q1. a) Define
international economic environment. Discuss the major economic indicators of
international economic environment which influence the foreign market decisions
with examples.
The
international economic environment refers to the conditions and factors that
affect economic activity on a global scale. It encompasses various elements
such as exchange rates, trade policies, fiscal and monetary policies of
different countries, global economic growth rates, and geopolitical factors.
Understanding the international economic environment is crucial for businesses
operating in foreign markets as it helps them make informed decisions regarding
investments, expansion, pricing strategies, and risk management.
Gross Domestic
Product (GDP): GDP measures the total value of goods and services produced
within a country's borders. It provides insight into the overall economic
health and growth prospects of a country. Foreign businesses often assess the
GDP of target markets to gauge their potential for investment. For example, a
high GDP growth rate in emerging markets like China and India may attract
foreign investors seeking opportunities for expansion.
Inflation Rate:
Inflation refers to the rate at which the general level of prices for goods and
services is rising. High inflation can erode purchasing power and reduce
consumer demand, while deflation can lead to economic stagnation. Foreign
businesses consider inflation rates when setting prices, forecasting demand,
and managing costs in international markets. For instance, companies exporting
goods to countries experiencing high inflation may adjust their pricing
strategies to maintain competitiveness.
Trade Balance:
The trade balance reflects the difference between a country's exports and
imports of goods and services. A trade surplus occurs when exports exceed
imports, while a trade deficit occurs when imports exceed exports. Foreign
businesses analyze trade balances to assess the competitiveness of markets and
identify potential trade opportunities or risks. For instance, a trade deficit
in a particular country may indicate strong demand for imported goods,
presenting opportunities for foreign exporters.
Interest Rates:
Interest rates set by central banks influence borrowing costs, investment
decisions, and consumer spending. Changes in interest rates can affect exchange
rates and investment flows, thereby impacting foreign market dynamics. For
example, a central bank raising interest rates to combat inflation may attract
foreign investors seeking higher returns on investments in that country's financial
markets.
Political
Stability and Policy Environment: Political stability and the policy
environment play a significant role in shaping the attractiveness of foreign
markets. Businesses evaluate factors such as government stability, regulatory
frameworks, and policies related to trade, investment, and taxation. For
example, uncertainties arising from geopolitical tensions or changes in
government policies can influence foreign investors' confidence and
decision-making.
In summary,
understanding and monitoring key economic indicators of the international
economic environment are essential for businesses to navigate foreign markets
effectively. By analyzing factors such as GDP growth, inflation, exchange
rates, trade balances, interest rates, and political stability, companies can
make informed decisions and adapt their strategies to capitalize on
opportunities and mitigate risks in global markets.
b) Explain the impact
of elements of culture on a firm's international business operations with
examples.
Q2. What is Balance of
payments? Describe the components of balance of payments with hypothetical
examples. How do deficit and surplus in Balance of payments affect
international trade? Discuss with suitable examples.
Q3. Distinguish between the following:
a) Product Price Ratio
and Factor Price Ratio
b) Added Networks
Services and Internet Services
c) Consumer Surplus
and Producer Surplus
d) Globalization and
Glocalization
Q4. Comment on the following statements:
a) An international
business firm should not monitor the foreign country's trade, monetary and
balance of payments account.
b) A major problem
with laws in different countries is that the legal systems of the world are
harmonized.
c) Globalization has
not influenced the Indian economy.
d) FDI does not help
in accelerating the rate of economic growth of the host country.
Q5. Write short notes on the following:
a) The
Heckscher-Ohlin-Samuelson (HOS) Theorem
b) Trade Related
Investment Measures (TRIMS)
c) Special Drawing
Rights
d) Alternative Dispute
Resolution
IBO 01 Handwritten Assignment 2023-24
IBO 01 Solved Assignment
2023-24: We provide handwritten PDF and Hardcopy to our IGNOU and other
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Important Note - You may be aware that you need to submit
your assignments before you can appear for the Term End Exams. Please remember
to keep a copy of your completed assignment, just in case the one you submitted
is lost in transit.
Submission Date :
31st March 2023 (if
enrolled in the July 2023-24 Session)
30th Sept, 2023 (if
enrolled in the January 2023-24 session).
IGNOU Instructions for the IBO 01 Assignments
IBO 01 International Business Environment Assignment 2023-24 Before ate mpting the
assignment, please read the following instructions carefully.
1. Read the detailed
instructions about the assignment given in the Handbook and Programme Guide.
3. Write the course
title, assignment number and the name of the study centre you are attached to
in the centre of the first page of your response sheet(s).
4. Use only
foolscap size paper for your response and tag all the pages carefully
5. Write the relevant
question number with each answer.
6. You should write
in your own handwriting.
GUIDELINES FOR IGNOU Assignment IBO 01023-24
IBO 01 Solved
Assignment 2023-24 You
will find it useful to keep the following points in mind:
1. Planning: Read the questions carefully. Go through the
units on which they are based. Make some points regarding each question and
then rearrange these in a STATISTICS IN PSYCHOLOGYal order. And please write
the answers in your own words. Do not reproduce passages from the units.
2. Organisation: Be a little more selective and analytic before
drawing up a rough outline of your answer. In an essay-type question, give
adequate attention to your introduction and conclusion. The introduction must
offer your brief interpretation of the question and how you propose to develop
it. The conclusion must summarise your response to the question. In the course
of your answer, you may like to make references to other texts or critics
as this will add some depth to your analysis.
3. Presentation: Once you are satisfied with your
answers, you can write down the final version for submission, writing each
answer neatly and underlining the points you wish to emphasize.
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page of your response sheet should look like this: Get IGNOU Assignment Front page through. And
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IBO 01 Handwritten Assignment 2023-24
IBO 01 Solved
Assignment 2023-24: We provide handwritten PDF and Hardcopy to our
IGNOU and other university students. There are several types of handwritten
assignment we provide all Over India. We are genuinely work in this field for
so many time. You can get your assignment done - 8130208920
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