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FIFTH SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 2016
(CUCBCSS—UG)
Economics
ECO 5B 10—INTERNATIONAL ECONOMICS
‘Time : Three Hours Meximum : 80 Marks
Answers may be written either in English or in Malayalam.
Part A
Answer all questions.

Each question carries ¥% mark.
1. The famous statement foreign trade as “Engine of Growth” is remarked by :
(a) Salvatore. (b) Leontief,
(c) Robertson. (6) Adam Smith.
2. Autarky is a state of :
(a) Trade between friendly nations,
(b) No trade between nations.
(c) Trade between neighbours.
_ (d) None of these.
8. According to Ohlin, International Trade arise owing to the following reason ;—
(a) Differences in factor endowments.
(b) Absence of trade restrictions.
(c) Differences in relative commodity prices.
(d) To dispose of the surplus production.
4. Adam Smith argued in favour of :

(a) Protection. (b) Free trade.

(c) Self sufficiency. it (d) Government intervention.
5. Who is known as the watch dog of International Trade ?

(a) World Bank. (b) IFC.

(c) IMF. (d) WTO.

١ Nts Turn over
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