Nalanda Open University
Annual Examination 2016
B.A. Economics (Honours), Part-III
Paper-VI (International Economics)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five questions. All questions carry equal marks.
1. Critically evaluate the comparative cost theory of international trade.
2. Define terms of trade. How terms of trade is determined?
3. Give arguments for and against protection.
4. Discuss the objectives and functions of I.M.F.
5. Describe the changes in composition of India's foreign trade.
6. What do you mean by MNCs. Discuss their demerits.
7. What are the causes of disequilibrium in the balance of payments?
8. Discuss the role of trade in economic development.
9. Discuss Foreign Trade Multiplier.
10. Write notes on any Two of the following
Devaluation
Free Trade
Gains from international trade
G.A.T.T.