Acharya Nagarjuna University (ANU) 2005 M.A Economics INTERNATIONAL - Question Paper

(DEC 23)

M.A. (Final) DEGREE EXAMINATION, JULY 2005.

Second Year

Economics

Paper III - INTERNATIONAL ECONOMICS


Time : 3 hours Maximum : 100 marks

part A - (4 x five = 20 marks)

ans any 4 ques..

provide short answers not exceeding eight phrases.

All ques. carry equal marks

1. Classical theory of International Trade.

2. Offer curves.

3. Opportunity costs.

4. Dumping.

5. Factor price equalisation.

6. Leontief paradox.

7. Optimum Tariff.

8. European Economic Union.

part B - (5 X seven = 35 marks )

ans any 5 of the subsequent ques.

Write answers not exceeding 12 phrases.

All ques. carry equal marks.

9. elaborate the causes for disequilibrium in the balance of payment ?

10. define the objectives and methods of exchange control.

11. discuss the concepts of terms of international trade.

12. elaborate the merits and demerits of tariff ?

13. discuss the secular deterioration hypothesis.

14, discuss the Foreign Trade Multiplier.

15. discuss the potential gains from International Trade.


16. explain the role of UNCTAD in the promotion of International trade.

17. provide an account of North - South dialogue.

18. discuss the major modifications in India's Trade policy since 1991.



part C - (3 X 15 = 45 marks)

ans any 3 essay kind ques..

All ques. carry equal marks.

19. Critically discuss the Neo - classical theory of International trade.

20. "The formation of a customs union necessarily raises welfare of nation" - explain.

21. Critically examine the factor price equalisation theorem.

22. explain the salient features of new International Economic order.

23. Critically examine the Stolper Samuelson theorem.
24. discuss the objectives and functions of World Trade Organisation.

Earning:   Approval pending.