Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2018 Winter 3rs Sem 3539245 International Economics Ie Previous Question Paper
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 3 ? EXAMINATION ? WINTER 2018
Subject Code:3539245 Date:13/12/2018
Subject Name: International Economics (IE)
Time: 10:30 AM To 01:30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Answer following terms in brief.
(a) International Trade
(b) Economies of Scale
(c) Imperfect Competition
(d) EXIM policy
(e) Counter Trade
(f) Balance of Payment
(g) SDR
14
Q.2 (a) Absolute Advantage theory favors trade amongst
countries. Discuss
07
(b) Discuss how country doesn?t have any advantage can
participate in international trade according to
Comparative advantage theory.
07
OR
(b) Discuss how factor endowments with country push
the international trade.
07
Q.3 (a) Discuss various trade barriers adopted by countries
to protect their economy.
07
(b) Developing nations are more leaned towards regional
trade blocs. Discuss
07
OR
Q.3 (a) Discuss various arguments made by developing
countries to opt for trade constraints.
07
(b) Political sentiments make heavy impact on trade
activities across the globe. Discuss
07
Q.4 (a) Explain how National Income Accounting and the
Balance of Payments computed and used in
determination of exchange rate of country.
07
(b) Discuss the working of Foreign Exchange Market
across globe.
07
OR
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Page 1 of 2
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 3 ? EXAMINATION ? WINTER 2018
Subject Code:3539245 Date:13/12/2018
Subject Name: International Economics (IE)
Time: 10:30 AM To 01:30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1 Answer following terms in brief.
(a) International Trade
(b) Economies of Scale
(c) Imperfect Competition
(d) EXIM policy
(e) Counter Trade
(f) Balance of Payment
(g) SDR
14
Q.2 (a) Absolute Advantage theory favors trade amongst
countries. Discuss
07
(b) Discuss how country doesn?t have any advantage can
participate in international trade according to
Comparative advantage theory.
07
OR
(b) Discuss how factor endowments with country push
the international trade.
07
Q.3 (a) Discuss various trade barriers adopted by countries
to protect their economy.
07
(b) Developing nations are more leaned towards regional
trade blocs. Discuss
07
OR
Q.3 (a) Discuss various arguments made by developing
countries to opt for trade constraints.
07
(b) Political sentiments make heavy impact on trade
activities across the globe. Discuss
07
Q.4 (a) Explain how National Income Accounting and the
Balance of Payments computed and used in
determination of exchange rate of country.
07
(b) Discuss the working of Foreign Exchange Market
across globe.
07
OR
Page 2 of 2
Q.4 (a) Define Foreign Exchange Market and describe
various member of foreign exchange market.
07
(b) Discuss role of IMF in managing world economy. 07
Q.5
CASE STUDY: ILL TREATMENT
Indian leather exports, an important foreign
exchange earner for the country has been reportedly
hit hard by the decision of some major US retail
chains like Eddie Bauer, LL Bean, Timberland and a
German Company Bader to boycott leather goods
from India in protest against the ill treatment of
animals. This move came shortly after a decision by
Global retail chains Gap, Marks & L. Spencer, etc
not to buy Indian leather goods. This development
has a lot to do with the lobbying by the US-based
animal rights group ?People for Ethical Treatment of
Animals (PETA)? for a ban on leather goods from
India by documenting evidence of ?cruelty to
animals? killed for making leather. It has been
reported that the overseas firms have officially
communicated to the Indian outfit of PETA that they
will not be sourcing leather products from India until
there is strict enforcement of animal protection laws.
Following this, the Mumbai based Teja Industries,
the Official supplier of leather goods for Mark &
Spencer in India, started out-sourcing leather from
other countries to manufacture products for the
Global Chain.
(a) Discuss how political and Global Environment
affects the international trade.
07
(b) Suggest what steps Indian Government should take. 07
OR
Q.5 (a) Discuss that lobbying of such nature should be
allowed or not? Why?
07
(b)
What actions should be taken against PETA by
developing countries? Discuss.
07
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This post was last modified on 19 February 2020