MAY 2011 P/ID 151/PCJ

Time : Three hours Maximum : 100 marks

PART A — (5 × 8 = 40 marks)

Answer any FIVE questions not exceeding

300 words each.

All questions carry equal marks.

1. Discuss the appropriateness of vent for surplus
theory for underdeveloped countries.
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ö£õ¸zuvøÚ ÂÍUSP.
2. Explain Immiserising growth.
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3. Bring out the arguments for free trade.
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4. Explain the various types of dumping and the
objectives of dumping.
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ÂÍUSP.
5. Explain the difficulties which developing countries
face in forming a custom union.
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GvºUöPõÒЮ ]UPÀPøÍ ÂÍUSP.
6. Give the arguments for the system of fixed
exchange rate.
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7. What is devaluation? Explain the condition for its
success.
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öÁØÔUPõÚ Põµn[PøÍ ÂÍUSP.
8. What is Euro-dollar market? Explain the factors
that led to its growth.
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PõµoPøÍ ÂÍUSP.

PART B — (3 × 20 = 60 marks)

Answer any THREE questions not exceeding

1,200 words each.
All questions carry equal marks.
9. Discuss the opportunity cost theory of
international trade.
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10. Explain how short-run and long run capital
movements affect the economy of a country.
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GÆÁõÖ J¸ |õmiß ö£õ¸Íõuõµzøu¨ £õvUQßÓx
GÚ ÂÍUSP.

2 P/ID 151/PCJ
11. Explain the main features of the Trade Related
Intellectual Property Rights (TRIPS).
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ÂÍUSP.

12. What are the causes of an adverse balance of

payment? Give suggestions to remove
unfavourable balance of payment.
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¯õøÁ? AuøÚ }USÁuØPõÚ ÁÈ•øÓPøÍ
£›¢xøµUPÄ®.

13. Explain the nature and uses of Special Drawing

Rights (SDRs) by the member countries of IMF.
Discuss whether its creation has solved the
problem of international liquidity.
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3 P/ID 151/PCJ