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International Economics - Two Marks Study Materials

12th Standard EM

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Economics

Time : 01:00:00 Hrs
Total Marks : 30
    15 x 2 = 30
  1. What is International Economics?

  2. Define International trade.

  3. State any two merits of trade.

  4. What is the main difference between Adam Smith and Ricardo with regard to the emergence of foreign trade?

  5. Define Terms of Trade.

  6. What do you mean by Balance of Payments?

  7. What is meant by Exchange Rate?

  8. What do you mean by exchange control?

  9. Mention the subject matter of international economics

  10. List the assumption of Adam smith trade theory.

  11. List the Monetary measures for Correction of Balance of payment Disequilibrium.

  12. Mention the dates of devaluation of Indian Rupee.

  13. What are the Fixed Exchange Rates?

  14. List the sectors which are not allowed for FDI in India

  15. What is the significant difference between FDI and FII?

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