करट = ऋ ~ ‏و و‎

10.

iF:

12.

13.
14.

2 D 90354

International Monetary Fund started functioning on :
(a) 1944. (b) 1947.
(c) 1995. (9) 1993,
The tariff imposed as a fixed percentage of the value of the commodity imported are called :
(a) Specific tariff. (b) Compound tariff.
(c) Advalorem tariff. (d) Nominal tariff.
Currency of European Union is called :
(a) Pound Sterling. (b) Euro.
(९) Dollar. (d) Ruble.
The rate at which the currency of one country is exchanged for that of another is called :
(a) Exchange rate. (b) Terms of trade.
(c) Balance of Payments. (d) Balance of Trade.
The first empirical test of Heckscher-Ohlin theory was conducted by :
(a) D. Young. (b) Adam Smith.
(c) David Ricardo. (d) Leontief. *
ASEAN was formed in :

(a) 1989. (b) 1967.
(c) 1957. (d) 1979.
A tariff is :
(a) A tax on imports only. (b) A tax on exports only.
(c) A luxury tax. (त) A tax on either exports or imports.

(12 x 1 = 12 marks)
Section B (Very Short Answer Type Questions)

Answer at least six questions.

Each question carries 3 marks.

All questions can be attended.
Overall ceiling 18.

What is foreign exchange market ?

Write a note on export subsidy.