N A L A N D A O P E N U N I V E R S I T Y
M.A. Economics, Part-I
PAPER-VII
(International Trade and Finance)
Annual Examination, 2017
Time: 3 Hours Full Marks: 80
Answer any Five Questions. All questions carry equal marks.
1. Critically discuss Heckscher-Ollin theory of International Trade.
2. Do you think that International Trade is an engine of Economic Growth
3. Give your argument for and against policy of protection.
4. Discuss economic effects of tariffs and quota.
5. Differentiate between balance of trade and balance of payments. Do you agree that balance
of payments always balances
6. Discuss the organization and functions of World Bank.
7. Examine the working of SAARC. Is it satisfactory
8. Critically evaluate the objectives and functions of W.T.O.
9. Describe objectives and functions of Asian Development Bank.
10. Define Trade Cycle. Discuss critically innovation theory of Trade Cycle.