IBO-03 COURSE TITLE : India’s Foreign Trade 2022-23

TUTOR MARKED ASSIGNMENT
COURSE CODE : IBO-03
COURSE TITLE : India’s Foreign Trade
ASSIGNMENT CODE : IBO-03/TMA/2022-2023
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Attempt all the questions:
1.
What is meant by balance of payments? How is it differnet from balance of trade? Describe salient features of India‟s blance of payments.
(5+5+10)
2.
Describe briefly the specific initiatives outlined in the year 2005 for promoting foregin trade.
(20)
3.
Analyze briefly how India‟s trade has developed with European Union (EU) during the last decade. What are the likely implications of the expansion of EU on the Indian exports?
(10+10)
4.
Write short note on the following:
a) India‟s export of services
b) India – SAARC trade prospects
(10+10)
5.
Briefly comment on the following statements:
(a) The world economic scenario has undergone rapid changes particularly during the last one decade.
(b) Foreign investment has the advantage that it does not create any liability for the receiving country.
(c) International trade in textiles and clothing has been characterized by a long history of managed trade.
(d) Knowledge is increasingly becoming the engine that will fuel many of the most rapidly growing service industries.
(5×4