MB0053 –International Business Management

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1 “The world economy is globalizing at an accelerating pace”. Discuss this statement and list the benefits of globalization. Discuss the statement Listing the benefits

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2 Compare the Adam Smith and David Ricardo’s theories of international trade with examples. Adam Smith’s theory David Ricardo’s theory

3 Regional integration is helping the countries in growing their trade. Discuss this statement. Describe in brief the various types of regional integrations. Regional integration types

4 Write short note on: a) GATS (General Agreement on trade in services) b) ILO (International Labour organization)

a) meaning and role of GATS b) Meaning and role ILO

5 What is the difference between domestic and international accounting and how will you measure this difference? Differences measures

6 Discuss the various payment terms in international trade. Which is the safest method and why?

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