Ignou Solved Assignment- MA |MEC-007 : International Trade and Finance in Hindi Medium

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Ignou Solved Assignment- MA |MEC-007 : International Trade and Finance in Hindi Medium

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Master of Arts (Economics) Ignou Tutor Marked Assignment (TMA) 2018-19

Assignments carry 30 per cent weightage in a course and it is mandatory that you have to secure at least 40 per cent marks in assignments to complete a course successfully. Note that you have to submit the assignments before appearing in Term End Examination of a course.

Last Date For July 2018 session, you need to submit the assignments by March 31, 2019, and for January 2019 session by September 30, 2019 for being eligible to appear in the term-end examination. Assignments should be submitted to the Coordinator of your Study Centre. Obtain a receipt from the Study Centre towards submission.

MEC-007: INTERNATIONAL TRADE AND FINANCE Tutor Marked Assignment (TMA) Questions.

1. Critically discuss the Ricardian theory of Comparative Advantage. How is it different from Adam Smith’s theory of Absolute Advantage?
2. Explain the various concepts of terms of trade. Critically examine the behavior of terms of trade as explained by Prebisch.

3. Explain multilateral framework of international trade. Explain its main features.
4. What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate.
5. Describe the evolution of international monetary system. Examine the trends in the international monetary and financial systems.
6. Discuss the various instruments of trade protection. Differentiate between quotas and tariffs.
7. Critically examine the relative merits and demerits of the fixed and flexible exchange rates.

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