Saurastra University 2006 M.A Economics : - VI (International) (New ) - Question Paper

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ENGLISH VERSION

Instruction : All questions carry equal marks.

1 Explain in detail Hecksher - Ohlin's theory of trade.    20

OR

1    (a) "International trade is an Engine of Economic    10

growth". Explain.

(b) Explain in brief "Foreign Trade Multiplier".    10

2    Examine the impacts of India's trade reforms in the last 20 decade in context of balance of payments.

OR

2    Point out the causes of deficit in the balance of payment 20 and explain the steps to balance it.

3    Discuss critically World Trade Organization in context 20 of promotion of international trade.

OR

3    (a) Explain basic objectives of International Monetory 10

Fund".

(b) Narrate the functioning of Asian Development Bank. 10

4    Discuss India's foreign trade policy during tenth    20 plan period.

OR

4 Clerify the concept of terms of trade. Explain the    20

hypothesis of secular deterioration of terms of trade in context of developing countries.

5 Write notes on any two of the following :    20

(1)    Customs union

(2)    India's international debt

(3)    The theorum of factor price equalization

(4)    Gold standard.

[ 500/11-17 ]

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