Madurai Kamraj University (MKU) 2001 M.A Economics INTERNATIONAL - Question Paper

M.A. DEGREE EXAMINATION, OCTOBER 2001
Second Year
Branch III (c) and (a) - Economics

INTERNATIONAL ECONOMICS


Time: 3 hours
Maximum: 100 marks

ans any 5 ques..
All ques. carry equal marks.

1. Examine the statement that the theory of comparative costs explains international trade from the side of supply only.

2. Critically discuss Ohlin’s theory of international trade.

3. Distinguish ranging from balance of trade and balance of payments.

4. discuss the various kinds of Exchange Rate determination.

5. define trade surplus as a source of development.

6. Examine the case for and against Free Trade for developing countries.

7. discuss the need for theory of comparative cost advantage in the situation of economic development of developing countries.

8. Critically evaluate Factor-Price Equalisation Theorem.

9. elaborate the objectives of and functions of the World Trade Organisation?

10. elaborate the classifications and features of Multinational Corporations?

Earning:   Approval pending.