(Pages 3379
P.T.O
MAR IVANIOS COLLEGE (AUTONOMOUS)
THIRUVANANTHAPURAM
Reg. No. :.………………… Name :.…………………
Sixth Semester B.A. Degree Examination, April 2018
First Degree Programme under CBCSS
Core Course: Economics XIV
AUEC644: International Economics
(for Regular 2015 Admn. only)
Time: 3 Hours Max. Marks: 80
SECTION A
Answer ALL the following terms each in one or two sentences.
1. Community indifference curve
2. Balance of Trade
3. Quota
4. FDI
5. WTO
6. Gains from trade
7. Devaluation
8. Offer Curve
9. Optimum Tariff
10. Appreciation
(10 1 10 Marks)
SECTION B
Write short notes on any EIGHT of the following, not exceeding a paragraph.
11. Discuss the absolute cost advantage theory of trade.
12. What are tariffs? Explain.
13. Write a note on BOP.
14. Explain the term Depreciation.
15. What are FII's.
16. Examine the comparative cost theory of trade.
17. Explain the concept of free trade.
18. Examine the Terms of Trade.
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19. Examine the functions of World Bank.
20. Briefly explain the importance of GATT.
21. Write a note on currency appreciation.
22. What is Capital account?
2 16 Marks)
SECTION C
Short essay type: Answer any SIX questions, each not to exceed one and a half page.
23. Examine the structure and importance of BOP.
24. Explain Dynamic gains from trade.
25. Explain the different non tariff restrictions of trade.
26. Discuss Leontief Paradox.
27. Examine the arguments in favour of protection.
28. Discuss the functions of IMF.
29. Explain the concept of equilibrium and disequilibrium in the BOP.
30. Discuss the infant industry argument of protection.
31. Discuss the role of FDI in India's Economic growth.
4 24 Marks)
SECTION D
Long essay type: Answer any TWO questions, each not exceeding three pages.
32. Discuss the changes in the direction and composition of foreign Trade in India.
33. Examine the opportunity cost theory of Harberler.
34. Discuss free trade and policy of tariff in relation to economic growth with special reference to India.
35. Discuss the impact of tariff under partial equilibrium analysis.
15 30 Marks)