15.
16.
1,
18.
19.
20.
21.
22.
23.

25.
26.
27.
28.
29.
30.
31.
32.

What is meant by protection ?
What is terms of trade ?
Explain Internal trade.
Write a note on European Union.
What is Balance of Trade ?
Define Tariffs.
Write a note on free trade.
Define Dumping.
What is devaluation ?
Define hybrid exchange rate.
(6 x 3 = 18 marks)
Section C (Short Essay Type Questions)

Answer at least four questions.
Each question carries 6 marks. ಜ್ಯ
All questions can be attended.

Overall ceiling 24.

Explain the important forms of economic integration.
Write a note on ASEAN.
Explain Heckscher-Ohlin model.
What are the functions of foreign exchange market ?
Explain the arguments for protection.
Explain important systems of foreign exchange market.
Explain the functions of IMF.
Explain Leontief Paradox.
(4 x 6 = 24 marks)

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