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Manglore University
Fourth Semester (Credit Based)
B.A. Degree Examination, May / June 2010
Semester Scheme
ECONOMICS
International Trade and Public Finance
Time: 3 Hours Max. Marks: 120
PART- A
Note : Answer any two of the following. (24 x 2=48)
1. Explain the various concepts of terms of trade and the factors determining terms of trade.
2. Critically examine the Heckscher-Ohlin theory of International trade.
3. Define public expenditure. Explain the causes of increasing public expenditure.
4. What is public debt? Explain the various methods of debt redemption.
PART- B
Note : Answer any four of the following. (12 x 4 = 48)
5. Explain the difference between internal and international trade.
6. Briefly explain "The theory of comparative cost".
7. Explain the arguments in favour of protectionist policy.
8. Explain the structure of balance of payments.
9. Explain the different sources of public revenue.
10. Explain the canons of taxation.
PART- C
Note : Answer any four of the following. (6 x 4 = 24)
11. Explain the trade measure to correct disequilibrium in balance of payments.
12. Write a note on free trade.
13. Write a note on "Exchange control".
14. Write a note on the organization of W.T.O.
15. Explain TRIPS and TRIMS.
16. Briefly explain various types of Public Debt.
Manglore University
Fourth Semester (Credit Based)
B.A. Degree Examination, May / June 2010
Semester Scheme
ECONOMICS
International Trade and Public Finance
Time: 3 Hours Max. Marks: 120
PART- A
Note : Answer any two of the following. (24 x 2=48)
1. Explain the various concepts of terms of trade and the factors determining terms of trade.
2. Critically examine the Heckscher-Ohlin theory of International trade.
3. Define public expenditure. Explain the causes of increasing public expenditure.
4. What is public debt? Explain the various methods of debt redemption.
PART- B
Note : Answer any four of the following. (12 x 4 = 48)
5. Explain the difference between internal and international trade.
6. Briefly explain "The theory of comparative cost".
7. Explain the arguments in favour of protectionist policy.
8. Explain the structure of balance of payments.
9. Explain the different sources of public revenue.
10. Explain the canons of taxation.
PART- C
Note : Answer any four of the following. (6 x 4 = 24)
11. Explain the trade measure to correct disequilibrium in balance of payments.
12. Write a note on free trade.
13. Write a note on "Exchange control".
14. Write a note on the organization of W.T.O.
15. Explain TRIPS and TRIMS.
16. Briefly explain various types of Public Debt.
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