Question Paper Code : 3596/3602

M.Com. (Semester-1) Examination, 2021

(CBCS/OLD)

APPLIED ECONOMICS

[Paper: Second ]

( International Trade )
Time Three Hours]
[Maximum Marks : 70

Note: Answer any five

question. All questions carry equal
marks.

Discuss the advantages and disadvantages of

International Trade. [14]

2 Explain the theory given by Heckscher Ohlin.

[14

3596-3602/920 (1)
[P.T.O.]
 by "Terms
of
Trade"?
3
What do you understand
economic develop pment.
Describe,
why it is important for
(14

A. Name the various classical (traditional) theories of

International Trade. Explain any one of them 9.
14) fu

5. Explain the types of tariffs. Also discuss the merits and

10. Exp
demerits of tarriffs.
[14)

(a)

Discuss the status of FDI in leading economies of the

World with special reference to USA and China. 14 (b)

[14
Evaluate FDI and
Fl
45HT (FDI) F 3596-360
3596-3602/920 (2)
e,
8 What do you understand by Regional Trading
Agreements. Discuss its types and benefits. [14]

of
. Discuss the historical profile of IMF and also explain its

functions. [14]

d 10. Explain thefollowing (7+71

(a) EU

e (b) ASEAN

3HTTT41
---- X -----

A
(3)
3596-3602/920