International Economics [NTA-NET (UGC-NET) Economics & Development (01)]: Questions 5 - 7 of 194
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Question 5
Appeared in Year: 2017
Question MCQ▾
Consider the following concepts:
I. Leontief Paradox
II. Linder Hypothesis
Which among the following can be treated as exception to the conclusions of the Heckscher Ohlin theory? Answer from the questions below:
Choices
Choice (4) | Response | |
---|---|---|
a. | Only II is an exception | |
b. | I and II are exception | |
c. | Only I is an exception | |
d. | Neither I nor II are exception |
Question 6
Appeared in Year: 2013
Question MCQ▾
A spot Foreign Exchange Transaction refers to (December)
Choices
Choice (4) | Response | |
---|---|---|
a. | The purchase or sale of foreign exchange for delivery within two business days. | |
b. | The sale of foreign exchange for delivery. | |
c. | The purchase of foreign exchange for delivery. | |
d. | All of the above |
Question 7
Appeared in Year: 2013
Question MCQ▾
Regarding M. F. N. (Most Favoured Nation) clause, find out the correct statement: (December)
Choices
Choice (4) | Response | |
---|---|---|
a. | The conditional M. F. N. clause confers significant rights on the contracting party. | |
b. | It guarantees only equal treatment. | |
c. | It guarantees special privilege to the contracting parties. | |
d. | The unconditional M. F. N. clause seems to be more equitable than the conditional one. |