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VI Semester of Three Year LL.B. Degree Examination, December 2012

Opt. – VI : LAW RELATING TO INTERNATIONAL TRADE

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 Questions.

2. One essay type and one short notes question or problem
from each Unit have to be attempted, which is referred as
Part (a) and Part (b) in all Units.
3. Figures to the right indicate marks.
4. Answer should be written either in English or Kannada
completely.

UNIT – I

Q. No. 1. (a) Explain the evolution of World Trade Organization (WTO) as

a trading institution in International trade. Marks : 15
AíñÜ-ÃÜÃÝÑóà¿á ÊݱÝ-ÃÜ-¨ÜÈÉ ËÍÜÌ ÊݱÝÃÜ ÓÜíÓ槿á ÖÜáoár (WTO)
ÊÜáñÜᤠ¸æÙÜÊÜ~Wæ ŸWæY ËÊÜ-Ä-Ô-Ä.
OR/A¥ÜÊÝ

Do you agree that Most Favoured Nation (MFN) clause in

WTO Agreement is the basic principle for promotion of
International trade ? Justify the statement.
ËÍÜÌ ÊݱÝÄ ÓÜíÓæ§ JvÜíŸ-w-Pæ-¿á ÊݱÝÄ Óæ°àÖÜ ÃÝÐÜó GíŸ
E±ÜŸí«ÜÊÜâ AíñÜ-ÃÜÃÝ-Ñóà¿á ÊݱÝÃÜ A¼-ÊÜê-©œ-±Ü-w-ÓÜá-ÊÜÈÉ ±ÜÅÊÜááS
ñÜñÜÌ-ÊÝ-X¨æ GíŸá-¨Ü®Üá° J±Üâ³-£¤àÃÝ ? D ÖæàÚ-Pæ-¿á®Üá° ÓÜÊÜá-¦ì-Ô-Ä.
(b) GATT Marks : 5
-WÝÂ-p…
OR/A¥ÜÊÝ
National Treatment
ÃÝÑóà¿á A®ÜÌ-ÀáPæ ԨݜíñÜ

P.T.O.
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UNIT – II

Q. No. 2. (a) What is subsidy ? Explain the types of subsidies that can
be maintained under GATT rules. Marks : 15
ÓÜÖÝ-¿á-«Ü®Ü Gí¨Ü-Ãæà®Üá ? ¿ÞÊÜ ñÜÃÜ-ÖÜ¨Ü ÓÜÖÝ-¿á-«Ü-®Ü-WÜ-ÙÜ®Üá° WÝÂp…
¯¿áÊÜáWÜÙÜá Öæãí©Êæ ? ËÊÜ-Ä-Ô.
OR/A¥ÜÊÝ

What are the technical barriers to trade ? Explain the measures

undertaken by the Community of Nations in eliminating these
trade barriers.
ÊݱÝÃÜ ±ÜÅ£-Ÿí—-ÓÜáÊÜ ñÝí£ÅPÜ Avæ-ñÜ-væ-WÜÙÜá ¿ÞÊÜâÊÜâ ? ÊݱÝÃÜ Avæ-
ñÜ-væ-WÜ-ÙÜ®Üá° Pæã®æ-Wæã-Ú-ÓÜÆá ÃÝÐÜó-WÜÙÜ PÜão ¿ÞÊÜ PÜÅÊÜá-WÜ-ÙÜ®Üá° ñæWæ-¨Üá-
PæãíwÊæ GíŸá-¨Ü®Üá° ËÊÜ-Ä-Ô.
(b) Anti-dumping measures under the WTO. Marks : 5
W.T.O. ±ÜÅPÝÃÜ ñÝÂg ÓÜÃÜ-PÜá-WÜÙÜ ±ÜÅ£-Ÿí—-ÓÜáÊÜ PÜÅÊÜá-WÜ-ÙÜá.
OR/A¥ÜÊÝ

Phytosanitary measures.
ÓÜÓÜÂ-WÜÙÜ ÃÜPÜÒOÝ ÓÜíŸí— E±Ý-¿á-WÜ-ÙÜá.
UNIT – III

Q. No. 3. (a) Discuss the rights and duties of parties under CIF
contract. Marks : 15
ÔI-G´… J±Ü³í¨Ü¨Ü Aw-¿áÈÉ ±ÜPÜÒ-WÝ-ÃÜÃÜ ÖÜPÜáR-WÜÙÜá ÊÜáñÜᤠÖæãOæWÝ-Ä-Pæ-WÜÙÜ
ŸWæY aÜbì-Ô-Ä.
OR/A¥ÜÊÝ

Explain the rights of unpaid seller under the International

Trade Law.
AíñÜ - Ã Ü Ã Ý- Ñ óà¿á ÊݱÝÄ PÝ®Ü ã - ¯ - ® Ü - w - ¿ áÈÉ ÖÜ | ±ÝÊÜ - £ - Ó Ü - ¨ Ü
ÊÜÞÃÝoWÝÃÜ®Ü ÖÜPÜáR-WÜÙÜá ¿ÞÊÜâÊÜâ GíŸá-¨Ü-®Üá° ËÊÜ-Ä-ÔÄ.
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(b) FOB terms in international trade interact. Marks : 5

AíñÜ-ÃÜÃÝ-Ñóà¿á ÊݱÝÄ J±Ü³í¨Ü¨Ü G´…-K¹ ÐÜÃÜ-ñÜá¤-WÜ-ÙÜá.

OR/A¥ÜÊÝ

Product liability.

ÓÜÃÜPÜá ÖæãOæ-WÝ-Ä-Pæ.

UNIT – IV

Q. No. 4. (a) What are the liabilities of the carriers of goods by sea under
the Hague-Visby Rules ? Marks : 15

ÖæàW… ÊÜáñÜᤠËӅ-¹ ¯¿á-ÊÜá-WÜÙÜ Aw-¿áÈÉ ÖÜvÜ-X®Ü ÊÜÞÆPÜ ÓÜÃÜPÜá

ÓÝWÜOæ ÊÜÞvÜáÊÜ ÖÜvÜWÜá ÊÜÞÈ-PÜ-®Ü ÖæãOæ-WÝ-Ä-Pæ-WÜÙÜá ¿ÞÊÜâÊÜâ ?
OR/A¥ÜÊÝ

Discuss the law relating to export and import license.

BÊÜá-¨Üá&ÃÜ´Ü⤠±ÜÃÜ-ÊݯWæWæ ÓÜíŸí—-st PÝ®Üã-¯®Ü ŸWæY aÜbì-Ô-Ä.

(b) Justifications for deviation of sea route. Marks : 5

ÓÜÊÜáá-¨ÜÅ-¿Þ®Ü ÊÜÞWÜì Ÿ¨Ü-ÇÝ-ÊÜ-Oæ¿á ÓÜÊÜá-¥Üì-¯à¿á AíÍÜ-WÜ-ÙÜá.

OR/A¥ÜÊÝ

Pre-shipment inspection.

ÖÜvÜ-WÜá -ÓÝ-WÜOæ ±ÜäÊÜì ±ÜÄ-Ëà-PÜÒ-Oæ.

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UNIT – V

Q. No. 5. (a) Describe the legal requirement for technology transfer

agreements. Marks : 15

ñÜíñÜÅ-hÝn®Ü ÊÜWÝì-ÊÜOæ JvÜíŸ-wPæWæ ¸æàPÝ¨Ü PÝ®Üã-®Ý-ñܾPÜ AíÍÜ-WÜÙÜ®Üá°

ÊÜ~ìÔÄ.
OR/A¥ÜÊÝ

Who are Foreign Institutional Investors ? Explain SEBI

Regulation on FIIs.

˨æàÎ ÓÜíÓݧ ÖÜãw-P¨-æ Ý-ÃÃÜ áÜ Gí¨ÜÃæ ¿ÞÃÜá ? ˨æàÎ ÓÜíÓݧ ÖÜãwPæ¨ÝÃÜÃÜ

¯¿áíñÜÅ-|PæR ÓÜíŸí—-st »ÝÃÜ-£à¿á ÍæàÃÜá ˯-ÊÜá¿á ÊÜáívÜ-Ú¿á
¯¿á-ÊÜá-WÜÙÜ ŸWæY aÜbì-Ô-Ä.

(b) Investment by Overseas Corporate Bodies. Marks : 5

˨æàÎ ŸívÜ-ÊÝÙÜ ÖÜãw-Pæ ÓÜíÓæ§-WÜ-ÙÜá.

OR/A¥ÜÊÝ

Foreign collaboration of investment in India.

»ÝÃÜ-ñÜ-¨ÜÈÉ Ë¨æàÎ ŸívÜ-ÊÝÙÜ ÖÜãwPæ ÓÜÖÜ-Áãà-WÜ.

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