Vinayaka Missions University 2008 M.A Economics INTERNATIONAL : t : Correspondence - Question Paper

Course CODE - 2020202
PG DEGREE exam – SEP 2008
MA (ECO)
INTERNATIONAL ECONOMICS
(For Candidate Admitted from Calendar 2007 Onwards)
Time: three Hours Max. Marks: 75
part - A
ans all the questions: 15X1=15
1. describe classical theory
2. describe price equalization
3. describe economic growth.
4. State Heckscher Olin theorem.
5. What is transport cost?
6. What do you mean terms of trade?
7. describe international economics.
8. describe regional integration.
9. describe GATT.
10. describe import substitution
11. describe foreign aid.
12. What do you say purchasing power parity?
13. describe devaluation.
14. What do you conceive exchange control?
15. describe SDR.
part – B
ans any 5 Questions: 5X6=30
16. (a) Bring out the features of neo classical theory.
(Or)
b) Write short note on modern theory of international economics.
17. (a) Bring out the features of Johnson’s model
(Or)
(b) describe and differentiate monopoly and dumpling.
18. (a) elaborate the trade issues of developing countries like India?
(Or)
(b) Bring out the results of Tokyo declaration VNCTAD.
19. (a) discuss tariff and quota’s
(Or)
(b)Bring out the need for foreign aid.
20. (a) Bring out the mechanism of devaluation.
(Or)
(b) elaborate fiscal and monetary measures in foreign trade?
part – C
ans any 2 Questions: two X 15=30
21. provide an account of Heckscher Olin theorem of factor price.
22. Bring out the economic growth and trade gains from trade hicks
model.
23. elaborate needs for protection in customs union?
24. Bring out the importance of balance of payments in foreign trade.
25. define in detail the plans for reforms and future of international
monetary system.

Earning:   Approval pending.