DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
Second Semester
INTERNATIONAL ECONOMICS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — X 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Distinguish between Absolute advantage and
comparative advantage.
2. Explain the concept of 'Terms of trade'.
3. Write short notes on: Mercantalism.
4. What is balance of trade?
5. What are the features of Mint Parity theory?
6. What are the characteristic features of recent tremendous
growth of FDI?
7. What do you understand from the term, 'Balance of
payments Adjustments'?
8. What are the types of international labour migration?
Sub. Code
22
DE-2706
2
wk 3
SECTION B — 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Discuss the most significant issues in international trade.
10. Explain Heckseher-Ohlin Trade Model.
11. Explain how would you justify international trade as a
substitute of growth?
12. Discuss the factors affecting balance of payments.
13. Discuss the factors influencing fluctuations in the rate of
exchange.
14. Describe the role of IMF in maintaining international
liquidity.
15. What are the types of Regional Trade Blocks?
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