M.A. (Semester IV) Examination, 2017
ECONOMICS (PAPER XII)
INTERNATIONAL TRADE FINANCE
Day Date: Tuesday, 09-05-2017 Max. Marks: 50
Time: 02.30 PM to 04.30 PM
N.B.: All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the correct answer: 10
The concept of balance of payment is related with
International trade b)Internal trade
State trade d)Local trade
is the cause of disequilibrium in the balance of payment.
Trade of cycle Demand for export
Size of import All the above
Balance of payment depends upon
Rate of import Rate of export
Rate of exchange None of the above
is the measure to correct the dis equilibrium in the
balance of payment.
Devaluation of currency Domestic prices stability
Control on import export All the above
is the non-monetary measure to correct balance of
payments.
Import quota Export promotion
Import substitution All the above
is the type of foreign exchange rate.
Fixed exchange rate Flexible exchange rate
Floating exchange rate All the above
FDI means
Foreign Direct Investment Food Development Index
Foreign Development Institution None of the above
SEZ means
Special Economic Zone Socio Economic Zone
Special Export Zone None of the above
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SLR-P 318
WTO is a _____organization.
Tourist Transport
Trade None of the above
10) IMF provides finance.
Short term Long term
Agricultural Industrial
Q.2 Write short Answer: (any four) 08
What is the difference between balance of payment ad balance
of trade?
.
What is favorable balance of payment?
What is unfavorable balance of payment?
What is exchange rate?
Explain any two objectives of World Trade Organization.
State any two achievements of international Monetary Fund.
Q. 3 Write short notes: any four) 12
Components of balance of payment.
Gold Standard
Merits of fixed exchange rate
Foreign Trade Multiplier
FDI and economic development
Role of SEZ
Q.4 Critically examine the monetary approach to the theory of
balance of payment.
10
OR
Explain the adjustment of balance of payments under system
of gold standard.
Q.5 Discuss the impact of liberalization on India's foreign Trade. 10