M.B.A. (Part II) (Semester IV) Examination, 2017
(Gr. Agriculture Business Management (Paper
INTERNATIONAL TRADE AND AGRICULTURE
Day and Date Monday, 29-5-2017 Total Marks 70
Time 10.30 a.m. to 1.30 p.m.
Instructions Question No. 1 is compulsory.
Attempt any two questions from Q.No. Q.No. 3 and
Q.No.4.
Attempt any two questions from Q.No. Q.No. 6 and
Q.No.7.
Figures to the right indicate full marks.
1. Case Study
Tuna is arguably one of the most well-known and abundant of fish, found in large
quantities at supermarkets and convenience stores around the world. It is such a
popular sight in its canned form that one may have even dissociated it from its
origins as a fish, until reminded of the amusing slogan-cum-brand, 'chicken of the
sea'. As such, it is safe to say that tuna enjoys as much popularity among
consumers as the humble and ubiquitous chicken.
On the production side, easy accessibility and popularity translates into big
business, thriving markets and fierce competition. For producers of canned tuna,
the fish is their livelihood, an important source of income and an industry of
serious economic significance, contributing as it does to the national balance of
payments, the employment rate and, subsequently, a productive and healthy social
climate.
This is especially true in the case of Thailand, the world's third-largest producer
of canned tuna and the largest exporter, accounting for 31% of the global volume
of exports. As of 2000, the United States has remained Thailand's biggest export
destination, followed by the European Community and then Canada.
Since Thailand's tuna industry is export-oriented, with almost all its production
intended for overseas markets, foreign import restrictions and regulations wield
considerable impact on its growth and overall dynamism. This is where Thailand
encountered difficulties with one of its major trading partners the EC.

Despite its impressive world ranking, producers of canned tuna in Thailand were
convinced that their industry was capable of considerably better performance
given more equitable access to the EC market. This inequity existed primarily in
the form of a preferential tariff granted by the EC to canned tuna producers from
the African, Caribbean and Pacific States (ACP countries), a status consolidated
in the Continuo Agreement (ACP Agreement) of 3 February 2000 between the EC
and the ACP countries. While ACP countries were enjoying zero tariffs on tuna
imports, other countries such as Thailand were continuing to face an inhibiting
tariff of which was proving detrimental to the legitimate economic interests
of Thailand as a major producer of canned tuna. Furthermore, zero import tariffs
for ACP countries encouraged investors increasingly to view the ACP countries
as a favourable investment destination, in contrast to Thailand, undermining the
cost and other comparative advantages that Thailand has to offer.
Analyze the case. 5
Discuss the Challenges and the outcome. 5
Highlight the Lessons from the case. 4
2. Write short notes on (any two) 14
India's position in global market.
AGMARK.
SWOT analysis for Commercial crops.
3. Write short notes on (any two) 14
SWOT analysis for Pulses.
Strategies to boost exports.
International capital flows.
4. Write short notes on (any two) 14
Import-export procedure.
Sales promotion with country.
Labeling.
5. Explain the theory of comparative advantages in detail. What is meant by trade
and welfare 14
6. Explain the effects of tariff monopoly and price discrimination. Explain what is
meant by tariffs and quota. 14
7. Explain SDR mechanism and it's working. Explain IMF in detail. 14