31.
32.

33.

35.
36.

4 D 70457

Evaluate the success and failures of SAARC as a regional economic cooperation model.

Critically examine the comparative cost theory of international trade.
(6 x 5 = 30 marks)
Section D (Essay)

Answer any two questions.
Each question carries 12 marks.

Critically examine the Hecksher - Ohlin theory of international trade.
What are the important functions of IMF ? Assess the performance of IMF from its inception
Critically examine the Mint parity theory and BoP theory of exchange rate determination.

Explain the nature, scope, importance and subject matter of international Economics.
(2 x 12 = 24 marks)