International Business December 2023

Description

Assignment Sample Solution: International Business December 2023

NMIM$ Global Access

School for Continuing Education (NGA-SCE)

Course: International Business December 2023

Internal Assignment Applicable for December 2023 Examination

Q1. In our country many products from China dominate our markets and have made production unprofitable for Indian manufacturers. In your opinion should we allow the entry of Chinese products in our country? (10 Marks)

Q2. Countries like US have at times stated “America First” as their policy. Do you consider that our country should adopt “India First” policy? In this context, explain how countries can create barriers to promote their own products. (10 Marks)

Q3. Read the following case study carefully and then answer the questions that follow:
A BBC anchor remark on India while discussing ISRO’s historic lunar mission – Chandrayaan-3. The anchor asked question to a person who was reporting from India –
whether India should really be spending money on a space program the size of Chandrayaan-3 in the wake of poverty in the nation. He claimed much of India’s population lives in poverty and over 700 million Indians don’t have access to a toilet.
An Indian Industrialist tweeted that a large part, our poverty was a result of decades of colonial rule, which systematically plundered the wealth of an entire subcontinent. Yet the
most valuable possession we were robbed of was not the Kohinoor Diamond but our pride & belief in our own capabilities. Ironically India is home to the largest number of hungry people. Around 213 million go hungry and are malnourished people as they do not get proper two meals a day. Food distribution channels are weak and about 10 % of the stored food grains is being wasted and eaten up by rats and birds while human population is deprived of food.
a) Explain whether India should continue to fund space programs, and do international business in space technology to other countries, or invest in making of Toilets? (5 Marks)

b) Explain whether India should continue to export food grains to various other countries? (5 Marks)

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