M.A-M.A Economics 4th Sem EC-403 : International Economics)(University of Pune, Pune-2013)

                               M.A. (Part II) (Fourth Semester) EXAMINATION, 2013
                                                                      ECONOMICS
                                                 EC-403 : International Economics)
                                                                  (2008 PATTERN)

Time : Three Hours                                                                  Maximum Marks : 80

N.B. :—

(i) Attempt All questions.

(ii) Figures to the right indicate full marks.

(iii) Answers should be precise and to the point.

(iv) Draw neat diagrams wherever necessary.

 

1. Answer any one of the following questions (in 500 words) : [20]

(1) Critically evaluate absolute and comparative cost advantage theory of international trade.

(2) Discuss the changes in the direction and composition of India’s foreign trade since 1991.

 

2. Answer any one of the following questions (in 500 words) : [20]

(1) Critically examine Heckscher-Ohlin theory of International Trade.

(2) Evaluate the Purchasing Power Parity theory of rate of exchange.

 

3. Answer the following (in 250 words each) (any two) : [20]

(1) Explain Kravis theory of International Trade.[4304]-403 2

(2) Explain the factors determining terms of trade.

(3) Explain merits and demerits of flexible exchange rate.

(4) Explain the impact of foreign investment on Indian Economy.

 

4. Write short notes on (any four) : [20]

(1) Leontief Paradox

(2) Linder’s theory of International Trade

(3) Fixed exchange rate

(4) Non-tariff barriers

(5) Components of balance of payments

(6) IMF

 

Earning:  ₹ 7.05/-