Question Text
Question 1 :
Arrange the proponents of classical theory of development in a
sequential order :
I. David Ricardo
II. Adam Smith
III. J.S. Mill
IV. Robert Malthus
Question 2 :
When a nation imposes an import tariff, the nation’s offer curve will
Question 3 :
List – I List – II
I. Adam Smith 1. Opportunity cost
II. David Ricardo 2. Factor endowment
III. Ohlin 3. Absolute advantage
IV. Haberler 4. Comparative advantage
Choose the correct code :
Question 4 :
Arrange the following theories in order in which they
appeared :
I. Comparative Cost Advantage Theory
II. Absolute Cost Advantage Theory
III. Leontief Paradox
IV. IV. Factor Endowment Theory
Question 5 :
which of the following is/are correct
Improvement in the BOP deficit may be effected through
I. Import control
II. Export promotion
III. Foreign exchange control
IV. Devaluation
Question 7 :
Which of the following is disadvantageous to developing countries’
international trade ?
Question 8 :
trade produces net gains for all involved and hence is a
Question 10 :
arrange in chronological order
i. Bali
ii. doha
iii. Seattle
iv.Singapore