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Time:

FIFTH SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 2019
(CUCBCSS—UG)
Economics

ECO 5B 10—INTERNATIONAL ECONOMICS
Three Hours Maximum : 80 Marks
Section A (Objective Type Questions )

Answer all twelve questions.
Each question carries ¥% mark.

Wassily Leontief used his input-output table in order to test the :
(a) Ricardian theory of comparative advantage.
(b) Heckscher - Ohlin theory of comparative advantage.
(c) Linder theory of overlapping demand.
(d) All of the above.
Terms of trade shows :
(a) Ratio import duties.
(b) Ratio of goods exported and imported.
(c) Ratio of prices of exports and imports.
(d) None of these.
In the Ricardian theory of comparative cost advantage, comparative advantage is measured by
looking into :
(a) Opportunity cost. (b) Factor endowments.
(c) Reciprocal demand. (d) None of these.
Tarapore Committee submitted its report on “Full Convertibility on Rupee” on :
(a) Current account.
(४) Capital account.
(c) Both in current as well as in Capital account.

(d) None of these.

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