Gujarat University 2005 B.A Political Science Third Year - Economics - VII - Question Paper
Seat No.
TA-15
Economics Paper-VII (International Trade & Public Finance)
Time : 3 Hours] [Max. Marks
: 70
Mk|[Lkk : (1) gkAk k Mk{kLk 0ky AhkQ A.
(2) flk0k{k EkflPk {kyi s5kgkLkk C{ ykflkk.
(3) sYh nkP iPk ykftrfkLkk WflkPkik fhk.
(4) s5kgk {Hkh yLk Lk yLkYflk nk5k oiRyi.
(14)
1. "WfflkkELk %[{ TkVkSfk ykfkhhkxteP 5flkkh {kxLk fkhy A" xefki{f [[k fhk.
yUkdk
1. OAkkhLke hikk yx+i 1 ? Eh%kMik hkykLke {EEUke 5flkkhLke phfkkLk rLkAkhy fi5e heik UkkP Ai ik Mk{o5k.
(14)
2. Mkhluky Lkerik yix+i 1 ? MkhukyLke TkhVyLke -(y) gkk Wak0k yBkLke E+e+ yLk
(gk) +iyEyLke ik+kLke E+e+ {PkEk Mkrnik Mk{o5k.
yUkdk
2. rOrLk{P Eh yBkLkk Mk{%heE AofkLkk rMkatAkik Mk{o5e ikLke {PkEkykLke [[k fhk.
(14)
3. Lke [Lkk{kUke fkRflky gkLkk Wkh ykflkk.
(y) +iyEiyLke ik+k{k yMk{ik+kLkk fkhyk
(gk) +iyEiyLke ik+kLke %ka rLk5kh5k{k y5{0PLkLke Lkerik fPk Mko0kk{k MkV gkLke f ?
(f) flkrh5ikLke+ r5rLk{PEhLke TkhVyLke E+e+k.
yUkdk
3. (y) gkohfkkLke {PkEkyk [[k.
(gk) onihOMTkLkk +ukyk Mk{o5k.
4. (y) QAikk omh%[Lkk fkhyk ykAkk. (14)
(gk) hkGPLke ykQflkk rQrQA MkkALkkLke Mk{s|Tke ykAkk.
yUkdk
4. fhdhkLke WfAkkELk yLk 9nl[ye AkhLke yMkhk 9y9k.
5. Lke[iLkk{kUke 0k{i ik gk Akh x|fLkkA %k : (14)
(1) onih EiQkLkk gkks.
(2) %kaflkh9yeLkk PMUkkLkk
(3) fhMkAkkikLke 9nl[yeLk yMkh fhikk Akrhgkak.
(4) Akhkuk fhQihkLkk k%kk%
(5) fhdhkLkk "Aoik" yBkLkk rMlaAkik.
(International Trade & Public Finance)
Time : 3 Hours] [Max. Marks : 70
Instructions : (1) All questions carry equal marks.
(2) Write answer numbers, as given in question paper.
(3) Use suitable diagrams if necessary.
(4) Answers must be relevant and to the point.
1. Difference in cost of production is the cause of international trade.- (14)
Discuss critically.
OR
1. What is meant by terms of trade ? Explain how offer curves determine the terms of trade.
2. What do you understand by the policy of protection ? (14) Explain critically-
(a) Infant industry argument and
(b) Balance of Payment argument in favour of protection.
OR
2. Explain the purchasing power parity theory of the rate of exchange and discuss its limitations.
3. Answer any two of the following. (14)
(a) Causes of disequilibrium in balance of payments.
(b) Under which circumstances can devaluation policy succeed in correcting deficit in the balance of payments ?
(c) Arguments in favour of flexible exchange rate.
OR
3. (a) Discuss the limitations of market mechanism.
(b) Explain the characteristics of public goods.
4. (a) Give reasons for increasing public expenditure. (14)
(b) Explain various sources of public revenue.
OR
4. Describe the effect of taxation on production and distribution.
5. Write short note on any two of the following : (14)
(1) Burden of public debt.
(2) Dangers of deficit financing
(3) Factors affecting the incidence of tax.
(4) Advantages and disadvantages of indirect taxes.
(5) Principle of ability to pay regarding taxation.
TA-15 4
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