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ECONOMICS-2015: Daily Answer Writing Challenge -25

ECONOMICS-2015: Daily Answer Writing Challenge – 25

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  1. Distinguish between single and double factor terms of trade. Explain how far terms of trade of a developing economy would change with technological advancement and economic growth. (2014 – 20 marks)
  2. “Apart from bringing capital into a country, MNCs provide many other advantages that cannot be obtained by borrowing from international capital markets.” Discuss. (2014 – 20 marks)
  3. Explain the Trade Related Investment Measures (TRIMs) of World Trade Organization(WTO). What are the major debates relating to it? (2014 – 10 marks)