Exam Details
| Subject | INTERNATIONAL ECONOMICS | |
| Paper | ||
| Exam / Course | MASTER OF PHYLOSOPHY (ECONOMICS) | |
| Department | School of Social Sciences (SOSS) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2015 | |
| City, State | new delhi, |
Question Paper
Answer any two questions from this section.
1. Explain the salient features of Ricardian Comparative Cost Advantage Theory of international trade. How does it differ from Adam Smith's Absolute Advantage Theory of international trade?
2. How do economies of scale facilitate international trade Identify some specific sectors to illustrate your answer.
3. Explain fixed exchange rate mechanism under the Bretton Woods system. Why was there a shift to floating exchange rate system
4. Critically examine the case for trade protection. Explain the difference in the impact of the use of tariff and that of a quota.
Answer any five questions from this section.
5. What is Leontief paradox? How does it challenge the overall applicability of the factor-endowment model?
6. Discuss the Marshall-Lerner conditions.
7. Explain the trade diversion effect of a regional trading block.
8. What does capital account convertibility imply? Why has India been slow in adopting capital account convertibility?
9. Critically evaluate the Foreign Direct Investment flows in India during the last two decades.
10. What is dumping Why do countries impose anti-dumping duties?
11. What do you understand by Prebisch-Singer thesis? Have the terms-of-trade deteriorated for developing nations in the post-Second World War period Critically discuss.
12. Explain the following
Rybczynski Theorem
Gravity Model of Trade
1. Explain the salient features of Ricardian Comparative Cost Advantage Theory of international trade. How does it differ from Adam Smith's Absolute Advantage Theory of international trade?
2. How do economies of scale facilitate international trade Identify some specific sectors to illustrate your answer.
3. Explain fixed exchange rate mechanism under the Bretton Woods system. Why was there a shift to floating exchange rate system
4. Critically examine the case for trade protection. Explain the difference in the impact of the use of tariff and that of a quota.
Answer any five questions from this section.
5. What is Leontief paradox? How does it challenge the overall applicability of the factor-endowment model?
6. Discuss the Marshall-Lerner conditions.
7. Explain the trade diversion effect of a regional trading block.
8. What does capital account convertibility imply? Why has India been slow in adopting capital account convertibility?
9. Critically evaluate the Foreign Direct Investment flows in India during the last two decades.
10. What is dumping Why do countries impose anti-dumping duties?
11. What do you understand by Prebisch-Singer thesis? Have the terms-of-trade deteriorated for developing nations in the post-Second World War period Critically discuss.
12. Explain the following
Rybczynski Theorem
Gravity Model of Trade
Other Question Papers
Departments
- Centre for Corporate Education, Training & Consultancy (CCETC)
- Centre for Corporate Education, Training & Consultancy (CCETC)
- National Centre for Disability Studies (NCDS)
- School of Agriculture (SOA)
- School of Computer and Information Sciences (SOCIS)
- School of Continuing Education (SOCE)
- School of Education (SOE)
- School of Engineering & Technology (SOET)
- School of Extension and Development Studies (SOEDS)
- School of Foreign Languages (SOFL)
- School of Gender Development Studies(SOGDS)
- School of Health Science (SOHS)
- School of Humanities (SOH)
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- School of Performing Arts and Visual Arts(SOPVA)
- School of Sciences (SOS)
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- School of Social Work (SOSW)
- School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
- School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
- School of Translation Studies and Training (SOTST)
- School of Vocational Education and Training (SOVET)
- Staff Training & Research in Distance Education (STRIDE)
Subjects
- INTERNATIONAL ECONOMICS