IMPORTANT QUESTIONS WITH ANSWERS - IGNOU : MCOM : IBO 3 - INDIA'S FOREIGN TRADE

IMPORTANT QUESTIONS & ANSWERS

IGNOU MCOM

IBO 3 - INDIA'S FOREIGN TRADE

UNIT - 1

1. Discuss the main features of India's foreign trade.

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UNIT – 2

I. Distinguish between balance of trade and balance of payment. Enumerate various items to be included in balance of Payment Accounting.

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2. Describe the salient features of India's balance of payment. What measures would you suggest for improving the balance of payments position in India?

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3. What are the main causes for the adverse balance of payments in India? What measures would you suggest to meet the situation ?

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4. What do you understand by current account convertibility and capital account convertibility ?

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                                                                             UNIT – 3

1. Write briefly about the role of World Trade Organization in world trade.

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2. What were the objectives of India's economic reforms? Suggest India's strategies for integrating with world trade.

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Unit – 4

1. What is the rational behind the importance accorded to Export Promotion by the Government of India?  has export promotion always been an integral part of India's overall trade policy?

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2. What is the need to establish regulatory mechanism in the export sector ? To what extent do they complement export promotion activities?

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3. Describe some of the important export promotion measures initiated by the Government of India to boost the national export effort. What are the major areas in the export sector that such measures have sought to address?

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UNIT – 5

1. Explain the major provisions of recent Export Policy.

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2. Describe the major provisions of recent import Policy.

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3. Explain India's trade policy response to WTO regime.

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4. Write a note on India's Tariff Policy.

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UNIT – 6 

1. What are the objectives of new industrial policy ? Analyze the main features of the policy.

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2.Do you think that the new industrial policy has a favourable impact on the economy. Discuss.

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3. Do you think that the foreign investment is better than borrowings. Discuss.

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4. Describe the main features of the recent foreign investment policy of India.

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5. Analyze the inflow of FDI in reference to countries and the industries.

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6. Evaluate the foreign investment policy of India.

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UNIT - 7

1. What do you mean by Export Processing Zone? Explain the benefits and facilities provided to the units located in EPZ.

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2.Do you think that EPZs and EOUs have contributed substantially to India's total export. Discuss.

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3. what is special Economic Zone? Describe the benefits and facilities provided to units located in SEZ.

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4 What are the eligibility criteria for various categories of Export Houses? describe the benefits and facilities provided to such Export Houses.

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UNIT – 8

1. Describe the trends of India's agricultural exports.

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2. Explain various items of agricultural exports from India.

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UNIT – 9

1. Textile and Clothing sector occupies a pivotal role in the economy of the developing countries. Elucidate with reference to the Indian economy.

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2. Describe the type of developmental activities initiated by the Government of India to help develop different sectors of the textile industry.

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3. The export performance of the Indian textile industry is a record of steady growth. What are the factors contributing to the growth. Explain with particular references to the cotton textiles and garment sector.

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4. The new Agreement on Textiles and Clothing is considered beneficial to Indian exporters. Discuss. 

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UNIT – 11 

I. Describe the trends in leather export from India.

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2. Explain various items of leather products exported from India.

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3. What are the avenues and prospects of leather exports. Analyze India's competitive advantages and disadvantages in leather export. 

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4. Explain the policies and strategies to boost India's leather export.

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UNIT – 12

1. Describe the export scenario of Indian electronics commodities. 

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2. Identify the problems of Indian electronics industry. What suggestions can you prescribe for removing these problems.

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UNIT – 13

1. Describe various segments of Indian engineering industry. 

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2. Enumerate the problems faced by engineering industry in India. Suggest the strategies to promote the exports of engineering goods from India.

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UNIT – 14

1. Describe various components of chemical sector. What factors have helped in the growth of chemical industry in India. 

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2. Explain India's competitive advantages and disadvantages of chemical exports.

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UNIT – 15

1. Distinguish between services and merchandise. Enumerate major services.

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2. What are the main issues of international trade in services? What is the role of services in India's external trade?

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3. What are the difficulties in trading services internationally? 

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4. Briefly discuss various issues of General Agreement on Trade in Services.

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5. Discuss the policy of Government of India in promoting export of services.

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UNIT – 18

1. Describe the recent economic development and foreign trade of Japan.

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2. Describe the composition of Japan's trade with the world. 

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3. What are the major constraints in Indo-Japanese trade and how can they be overcome.

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4. Explain the composition of India's export to Japan. Discuss the prospects for lndo-Japanese trade.

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                                                                            UNIT – 20

1. Describe India's foreign trade with West Asia. Analyze the composition of India's trade with West Asia.

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2. Describe India - West Asia trade prospects.

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