Code No. 3531/CBCS/E
FACULTY OF COMMERCE
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B.Com. (CBCS) I - Year II - Semester Examination, May/June, 2018
(Only for Advertising Courses)
Subject: FOREIGN TRADE
Paper Code — BC - 207
Time: 3 Hours Max. Marks: 80
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PART - A (5X4=20 Marks)
Note: Answer any FIVE of the following questions not exceeding 20 lines each.
- Certificate of Origin
- Marine Insurance Policy
- Balance of trade Vs. Balance of payments
- Free Trade Area
- Trans-Pacific partnership (TPP)
- Preferential Trade Area
- Asian Infrastructure Investment Bank(AIIB)
- Service Export From India Scheme.
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PART - B (5X12=60 Marks)
Note: Answer all the questions.
-  a) Define Foreign Trade. Discuss the role of Foreign Trade in detail. 
 OR
 b) What are the important Documents used in Foreign Trade?
-  a) Explain the causes of disequilibrium of Balance of Payments? 
 OR
 b) How can the Disequilibrium in the Balance of payment be corrected?
-  a) Brief out the highlights of current Foreign Trade Policy. 
 OR--- Content provided by FirstRanker.com --- b) Describe the export promotion measures taken by Government of India.
-  a) Explain the importance of Foreign Trade and its merits and demerits. 
 OR
 b) What are the Trade Blocks? Discuss the types of Trade Blocks.
-  a) Explain the objectives and functions of World Bank. --- Content provided by FirstRanker.com --- OR
 b) Explain the objectives and features of World Trade Organization (WTO).
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