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GUJARAT TECHNOLOGICAL UNIVERSITY
MBA — SEMESTER 3 - EXAMINATION - WINTER 2018
Subject Code: 3539291 Date:06/12/2018
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Subject Name: WTO Multilateral Trading System and its Impact on Business (WMTS-I)
Time: 10:30am To 1:30pm Total Marks: 70
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Instructions:
- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
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Q.No. | Question | Marks |
---|---|---|
Q.1 | Define the following with practical examples. (a) Non-discrimination (b) Dollarization (c) Reciprocity (d) Ad Valorem tariff (e) The International Fisher Effect (f) Binding & enforceable commitments (g) Transparency | 14 |
Q.2 | (a) Why GATT was considered as “rich man’s club” in the earlier years, by developing countries? | 07 |
(b) Write a note on Partnership Agreements between the European Union and developing countries in Africa | 07 | |
OR | ||
(b) Define Technical Barriers to Trade and Sanitary & Phytosanitary Measures. | 07 | |
Q.3 | (a) Explain the various rules applicable to Valuation of goods for customs Purposes with example. | 07 |
(b) Explain Import Licensing Procedures with technical regulations and health & sanitary regulations | 07 | |
OR | ||
Q.3 | (a) Describe the improved discipline that would be adopted in the use of subsidies in the agriculture sector in the Doha Round. | 07 |
(b) Write a detailed note on Safeguard, Anti-dumping and Countervailing Measures in Trade. Also explain remedy Measures of it. | 07 | |
Q.4 | (a) Tariffs should be reduced and non tariff measures eliminated by participating in the rounds of negotiations held under the auspices of WTO, justify this statement with suitable example. | 07 |
(b) Describe the various rules of GATT applicable to Exports, Also explain export incentives, export taxes and export restrictions | 07 | |
OR | ||
Q.4 | (a) What are the reasons for change in attitude of developing countries and for increasing interest in participating WTO discussions and negotiations? Explain in detail. | 07 |
(b) Write a note on MFN rule. Also explain exceptions to the MFN rule provided by: (i)Preferential Trade Agreements (PTAs) (i1)Generalized system of Preferences (GSP) | 07 | |
Q.5 | (a) Explain trade negotiation policy of Uganda in context with cotton. | 07 |
(b) Describe various strategies & consultation process adopted by Uganda. | 07 | |
OR | ||
Q.5 | (a) Explain in detail the challenges & opportunities of Uganda & other developing countries. | 07 |
(b) Describe the poverty removal strategies adopted by Uganda. Also give your suggestion. | 07 |
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