M.A. (Semester IV) (CBCS) Examination, 2017
ECONOMICS (PAPER XII)
INTERNATIONAL TRADE FINANCE Ii
Day Date: Tuesday, 09-05-2017 Max. Marks: 70
Time: 02.30 PM to 05.00 PM
N.B. All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the correct option: 14
The concept of International Trade is related to
Foreign government Local government
Balance of payment None of these
is the remedy to correct the disequilibrium in balance of
payment.
Deflation Inflation Trade cycle Exchange rate
The concept of Foreign trade is introduced by Maklap and J. J.
Polak.
Balance Multiplier Capital Market
The concept of exchange rate is related to the of countries.
Currency Goods Services Fiscal policy
Foreign Direct Investment offers a source of capital.
Internal External Private Government
The 'General Agreement of Tariff and Trade' come into force in the
year
1950 1991 1947 1990
The is a market for converting the currency of one country into
that of another.
Foreign exchange market Stock market
Financial market Monetary market
Special Economic Zones (SEZs) is a geographical region that has
laws different from a country's typical economic laws.
Private Political Government economic
The special Drawing Right facility is available at
IMF World bank GATT IDA
10) Which of the following is referred to as predecessor to WTO?
OPEC GATT IBRD IMF
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11) Government of India started their liberal trade reforms from
1990 1992 1993 1991
12) Where do MNCs choose to set up their production?
Cheap goods Cheap labour supply
Economic sustainability None of these
13) The export promotion programmes initiated by the government are
in the form of policy measures.
Public Private Fiscal Monetary
14) reforms are the main objects of India's trade policy.
Capital rate Interest rate
Exchange rate All of the above
Q.2 Write short answer on any seven of the following: 14
What is equilibrium in the balance of payment?
What is foreign trade multiplier?
Define foreign direct investment?
What is liberalization?
What is GATT?
Give any two objectives of WTO?
What is the long form of World Bank?
What is trade policy?
What is international debt?
10) What is MNCs?
Q.3 Write short answers (any 14
Merits of Fixed and Flexible exchange rate.
India's trade policy since 1991.
Functions of WTO.
Trade problems in India.
Q.4 Explain the achievements and failure of World Bank. 14
OR
Discuss the role of SEZ in Indian economy.
Q.5 Explain the impact of India's trade reforms on economy, since 1991. 14