International Trade Theory and Finance, MA Economics Sargodha University Past Papers 2015

Sargodha University MA Economics Paper-VII International Trade Theory and Finance Past Papers 2015

Here you can download Past Papers of Paper-VII International Trade Theory and Finance, MA Economics Part Two, 1st & 2nd Annual Examination, 2015 University of Sargodha.

International Trade Theory and Finance UOS Past Papers 2015

M.A. Economics Part – II

Paper-I(International Trade Theory & Finance)

1st Annual Exam.2015

Time: 3 Hours                                Marks:100

Note: Objective part is compulsory. Attempt any four questions from subjective parts

Objective Part

Q.1:Write short answers of the following on your answer sheet in two lines only.                                 (2*10)

i. What is free trade? ii. Define absolute advantage theory. iii. Define factor price equalization theorem. iv. What is protectionism?  v. What is portfolio investment? vi. Define economic integration. vii. What are terms of trade?  viii. What is optimal tariff?  ix. What is GATT?  x. What is dumping?

Subjective Part

Q.2:  Explain the concept of International Trade, its need and scope.

Q.3: Present and explain the Neo-Classical theory of international trade whereby world price and volume of trade are determined with offer curves.

Q.4: Compare and contrast the partial equilibrium effects of an import quota with an import tariff.

Q.5: Discuss the effectiveness of monetary and fiscal policies in maintaining terminal and external balance under fixed exchange rate system.

Q.6:     What is WTO? Write down its importance and scope for international trade. Moreover list the rules of WTO.

Q.7:     Write comprehensive note on any two of the following.

i. Rybezynski Theorem ii. Leontief Paradox

iii. Balance of payment

iv. Role and Major Activities of IMF

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