Module wise Important Questions (100 marks) (SS Tutorials)

T.Y.B.Com Business Economics Semester VI Marks: 100

Note:
(1) Attempt all Questions.
(2) All questions carry equal marks.
(3) Attempt any two questions out of three in each of question 2, 3. 4 & 5.
Q.1 Objective Questions:
(A) Multiple Choice Questions (Attempt 10 questions at least three from each module) 20
(B) True and False (Attempt 10 questions at least two from each module)
Q 2. Attempt any two questions:
Module 1 (A) Critically evaluate the theory of comparative cost advantage. OR
Explain Recardian theory of international trade
(B) Explain Heckscher – Ohlin theory of International trade
(B) Discuss single factoral and double factoral terms of trade with limitations. 15
(B) Explain NET Barter Terms of Trade (NBTT) and Income Terms of Trade (ITT).
(B) Explain the meaning of terms of trade. What are the various types of terms of trade?
(B) Discuss the factors affecting or influencing terms of trade.
(C) Describe the various gains from international trade.
Q 3. Attempt any two questions:
Module 2 (A) Discuss the arguments in favour of and against free trade policy.
(A) Discuss the arguments in favour of and against free protectionism.
(B) Discuss the types of tariffs.
(B) Explain the economic effects of import tariffs
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(B) Discuss the types of quotas.
(B) What are the effects of quotas?
(C) What are the various types or stages of international economic integration?
(C) Examine the aims, origin and institutions of EU and bring out its economic benefits.
(C) Explain the role, achievements and prospects of ASEAN.
Q 4. Attempt any two questions:
Module 3 (A) Explain the structure of balance of payments.
(A) What are the causes of balance of payments disequilibrium? OR
(A) Discuss the different types of disequilibrium
(B) Outline the measures to correct balance of payment disequilibrium. OR 15
(B) Discuss the monetary measures in correcting disequilibrium in balance of payments.
(B) Discuss the non-monetary measures in correcting disequilibrium in balance of payments.
(C) Explain the agreements on TRIPs and GATS under WTO. OR
(C) Explain TRIMs and GATS under WTO.
Q 5. Attempt any two questions:
Module 4 (A) Explain in details about dealers and participants in foreign exchange market. OR
(A) Discuss the functions and dealers of foreign exchange market.
(A) Discuss spot and forward exchange rates.
(A) What is covered and uncovered arbitrage?
(B) Discuss factors influencing demand for and supply of foreign exchange. OR
(B) Explain the determination of equilibrium exchange rate and factors responsible for
15
changes
(B) Explain the Purchasing Power Parity theory. OR
(B) Critically evaluate relative version of purchasing power parity theory.
(C) Outline the role of central banks in foreign exchange market.
(C) Discuss the stages of RBI’s intervention in foreign exchange rate management since
1991. OR
(C) Discuss RBI’s exchange rate management since 1991.
Q6. Short Notes (Any Four)
All 1. Types of terms of trade
Modules 2. Factors influencing terms of trade
3. Types of tariffs
4. Effects of import tariffs
5. Types of quotas
6. Effects of quotas
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7. Types of international economic integration
8. Causes of balance of payments disequilibrium
9. Types of BOP disequilibrium
10. Dealers in foreign exchange market
11. Functions of foreign exchange market
12. Spot and forward exchange rates.
13. RBI’s exchange rate management since 1991