LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – ECONOMICS

PK 23

FIFTH SEMESTER – April 2009

EC 5501 – INTERNATIONAL ECONOMICS

 

 

 

Date & Time: 17/04/2009 / 9:00 – 12:00     Dept. No.                                                       Max. : 100 Marks

 

 

PART – A                                                     (5 x 4 = 20)

Answer any FIVE of the following

each answer not exceeding more than 75 words

 

1. Explain the case for International trade.
2. Differentiate Net and gross terms of Trade.
3. Explain the concepts fixed and flexible exchange rates.
4. What are the salient features of WTO.
5. Explain the term International Liquidity.
6. What are the functions of IMF.
7. Differentiate Balance of Trade and Balance of payments.

      PART – B  

Answer any FOUR of the following                                                               (4 x 10 = 40)

Each answer not exceeding more than 250 words.

 

8. What are the defects of classical theory of International trade.
9. Explain the different types of terms of Trade.
10. Explain the functions of IBRD.
11. Highlight the gains from International trade.
12. Explain the features of current account and capital account.
13. Justify the need for the theory of protection in underdeveloped countries.
14. Explain the salient features of EXIM policy.

PART – C  

     Answer any TWO questions                                                                            (2 x 20 = 40)

each answer not exceeding 900 words.

 

15. Evaluate the modern theory of International trade.
16. Discuss the working of purchasing power parity theory in determining exchange rate.
17. Critically evaluate the role of WTO in India’s economic development.

18.       Discuss the various effects of Globalisation and liberalisation in India’s Economic growth.

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.A. DEGREE EXAMINATION – ECONOMICS

FIFTH SEMESTER – NOVEMBER 2010

EC 5505/EC 5501 – INTERNATIONAL ECONOMICS

 

 

 

Date : 01-11-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

PART – A

Answer any FIVE questions in about 75 words each.                      (5 x 4 = 20 marks)

 

1. Distinguish between domestic and international trade.
2. Define offer curves.
3. Mention the gains from international trade.
4. Distinguish between fixed and flexible rates of exchange.
5. What is hedging?
6. Define globalization.
7. Distinguish between current and capital account.

PART – B

 

Answer any FOUR questions in about 300 words each.              (4 x 10 = 40 marks)

 

8. What are the similarities and differences between domestic and international trade.
9. Explain the theory of absolute cost advantage.
10. Examine the various types of terms of trade.
11. Explain the Purchasing Power Parity theory.
12. What is WTO? Explain its objectives and functions.
13. Discuss the pros and cons of convertibility of current and capital account.
14. What has been the impact of globalization on the pattern of India’s trade?

PART – C

 

Answer any TWO questions in about 900 words each.                    (2 x 20 = 40 marks)

 

15. Explain how the modern theory of international trade is an improvement over the Ricardian theory of internantional trade.
16. Discuss the composition and direction of India’s foreign trade.
17. What are the objectives of the IMF? Analyse its role in India’s economic development.
18. Define terms of trade. What are the factors affecting terms of trade?

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – ECONOMICS

FIFTH SEMESTER – APRIL 2011

EC 5505/EC 5501 – INTERNATIONAL ECONOMICS

 

 

 

Date : 18-04-2011              Dept. No.                                                    Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

 

Answer any FIVE questions in about 75 words each                                         (5 x 4= 20 marks)

 

1. Define international trade.
2. Define absolute cost advantage.
3. What is meant by terms of trade?
4. Define income terms of trade.
5. What is foreign exchange rate?
6. Expand IBRD.
7. Differentiate between current account and capital account in the context of international trade.

PART-B

 

Answer any FOUR questions in about 250 words each:                                                (4×10=40 marks)

 

8. Explain the reasons for international trade.
9. Explain Adam Smith’s theory of absolute cost advantage.
10. Explain clearly the factors that influence the terms of trade.
11. Explain the advantages and disadvantages of fixed exchange rate.
12. Describe the functions of World Bank.
13. Bring out the recent import and export policies of the government of India.
14. Explain the mint parity theory of exchange rate.

 

PART –C

Answer any TWO questions in about 900 words each:                                             (2×20=40 marks)

 

15. Critically examine Hecksher Ohlin theory of international trade.
16. Critically analyse the purchasing power parity theory of exchange rate.
17. Critically examine Real Cost Terms of Trade.

Explain the impact of Globalisation on developing countries. Substantiate your answer with reference to India.

 

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – ECONOMICS

FIFTH SEMESTER – APRIL 2012

EC 5505/EC 5501 – INTERNATIONAL ECONOMICS

 

 

 

Date : 27-04-2012              Dept. No.                                       Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

 

Answer any FIVE questions not exceeding 75 words each:                                           (5 x 4 = 20 Marks)

 

1. What do you understand by International Trade?
2. Write short notes on Adam Smith’s theory of International Trade.
3. Distinguish between net and gross terms of trade.
4. What do you mean by Foreign Exchange Rate?
5. What do you mean by Terms of Trade?
6. What is WTO? Write any two objectives of WTO.
7. Mention the role of foreign trade in economic development of India.

                             

PART – B

 

Answer any FOUR questions not exceeding 250 words each:                                     (4 x 10 = 40 Marks)

 

8. Explain the interdependence between International Trade and Domestic Trade.
9. Critically evaluate Ricardian theory of International Trade.
10. Explain the factors which affect terms of trade.
11. Discuss the gains which arise out of international trade.
12. Describe the merits and demerits of flexible exchange rate system.
13. Explain the role of IMF in international trade.
14. Comment on the composition and direction of India’s International trade.

                               

PART – C

 

Answer any TWO questions in about 900 words each:                                                  (2 x 20 = 40 Marks)

 

15. Critically evaluate Heckscher–Ohlin Theory of International trade.
16. Discuss the various types of terms of trade.
17. Critically calculate the purchasing power parity theory of exchange rate.

Explain briefly the functions and activities of IBRD.

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – ECONOMICS

FIFTH SEMESTER – NOVEMBER 2012

EC 5505/EC 5501 – INTERNATIONAL ECONOMICS

 

 

 

Date : 03/11/2012             Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

PART-A

 

Answer any FIVE questions in about 75 words each:                                                   (5×4=20)

 

1. What causes international trade according to Classical Economist?
2. What do you mean by Comparative differences in cost?
3. Explain Single factoral and Double factoral terms of Trade.
4. Enumerate the Potential Gain and Actual Gain.
5. What is an equilibrium rate of exchange? How it is determined?
6. Explain the functions of IBRD.
7. Distinguish between GATT and WTO.

 

PART-B

 

Answer any FOUR questions in about 300 words each:                                        (4×10=40)

 

8. Distinguish between Interregional and International Trade.
9. Explain the theory of Absolute differences in costs.
10. What do you mean by Gross barter and Net barter Terms of Trade?
11. Discuss the factors that determine the gains from trade
12. Explain the causes that bring out changes in exchange rate
13. Enumerate the lending activities of IBRD.
14. Briefly discuss the objectives and functions of Fund

 

PART-C

 

Answer any TWO questions in about 900 words each:                                          (2×20=40)

 

15. Explain the Modern theory of International trade.
16. Discuss the theories of exchange rate.
17. Bring out the recent Export Import policy of India.

18. Explain the agreement of WTO.

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