Veer Narmad South Gujarat University 2010 B.A Economics : - 3 T.Y. - Question Paper
RR-0260 Third Year B. A. Examination March / April - 2010 Economics : Paper - III
(International Economics)
Time : Hours] :
[Total Marks : 70
""'N Seat No.:
Fillup strictly the details of signs on your answer book.
Name of the Examination :
T.Y. B. A.
Name of the Subject:
ECONOMICS - 3
-Section No. (1,2,.....): NIL
Student's Signature
-Subject Code No.
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Instructions : (1) As per the Instruction no. 1 of Page no. I.
(2) All questions carry equal marks.
1 Answer in brief : 14
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(1) |
What is international labour division ? |
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(2) |
What is factor abundance ? |
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(3) |
Give a definition of exchange rate. |
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(4) |
State the meaning of balance of payment |
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(5) |
What is advalorem import tariff ? |
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(6) |
What is offer curve ? |
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(7) |
What is devaluation of money ? |
(a) Differentiate between international and inter-regional 14 trade.
(b) State the limitations of comparative cost theory.
OR
What is production possibility curve ? Explain the 14
theory of opportunity cost in internation trade with the help of this curve.
3 Discuss in detail the relative benefit of import tarrif and 14 import quotas.
OR
3 Discuss the reasons of disequilibrium in balance of 14
payments and its results.
4 Discuss the purchasing power parity theory and 14
state the importance of it in determining the exchange rate.
OR
4 What is protectionist policy ? Discuss the arguments 14 for and against this policy.
5 Write short notes on : (any two) 14
(1) Factors affecting terms of trade
(2) Mention main benefits of international trade
(3) Special drawing rights
(4) Importance of Hecksher-Ohlin theory.
RR-0260] 3 [ 2500 ]
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Attachment: |
| Earning: Approval pending. |
