International Economics Three Marks Questions

12th Standard EM

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Economics

Time : 00:40:00 Hrs
Total Marks : 30
    10 x 3 = 30
  1. Describe the subject matter of International Economics.

  2. Compare the Classical Theory of international trade with Modern Theory of International trade.

  3. Explain the Net Barter Terms of Trade and Gross Barter Terms of Trade.

  4. Distinguish between Balance of Trade and Balance of Payments.

  5. What are import quotas?

  6. Write a brief note on flexible exchange rate.

  7. State the objectives of Foreign Direct Investment.

  8. What are the Determinants of Exchange Rates?

  9. What are the assumption of Modern theory international trade?

  10. State the Correction of Balance of payment Disequilibrium - Trade Measures.

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