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Time Allowed-3 Hours: RNJ & Wtot - Xam Croup..'/ Paper 1: Tntrodurnio 101Nternational1Rada "

This document appears to be an exam paper for an introduction to international trade course. It contains 10 questions covering various topics in international trade and the World Trade Organization (WTO). The questions address theories of free trade versus fair trade, the most favored nation principle, regional trade agreements, the Doha Round negotiations, WTO membership, national treatment, the relationship between trade and the environment, special treatment for developing countries, quantitative restrictions, market access in agriculture, and the WTO dispute settlement process. Students are instructed to attempt to answer all 10 questions within the 3 hour time limit.

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Ramanareddy Anathapur
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51 views2 pages

Time Allowed-3 Hours: RNJ & Wtot - Xam Croup..'/ Paper 1: Tntrodurnio 101Nternational1Rada "

This document appears to be an exam paper for an introduction to international trade course. It contains 10 questions covering various topics in international trade and the World Trade Organization (WTO). The questions address theories of free trade versus fair trade, the most favored nation principle, regional trade agreements, the Doha Round negotiations, WTO membership, national treatment, the relationship between trade and the environment, special treatment for developing countries, quantitative restrictions, market access in agriculture, and the WTO dispute settlement process. Students are instructed to attempt to answer all 10 questions within the 3 hour time limit.

Uploaded by

Ramanareddy Anathapur
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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! rnJ &WTOt.

xam
CROUP..'\
Paper 1: tntrodurnio~101nternational1rada
MAY201'
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Roll No...............................
Total No. of Questions-10J [Total No. of Printed Pages-2
..
,
Time Allowed-3 Hours Maximum Marks-100
ERg
Attempt all 10 questions. All questions carry equal marks.
1. The world is going through a recession fonowing the financial crisis. Domestic
markets are being protected from input competition. Discuss these developments
in the light of the "Free Trade vs. Fair Trade" theory.
2. (a) Which article of GATT, 1994 covers the MFN principle? Discuss with reference
to examples.
(b) Do the RTAs follow MFN principle? What does WTO rules say on the derogation?
3. Doha Round is heW up due to the "Single Undertaking" clause. What do you
understand by "Single undertaking" ? Discuss with reference to the Doha Round
of negotiations.
4. (a) Many countries are waiting for membership of WTO. Who .are prominent
ones?
(b) China had to accept many conditions for WTO membership. Discuss anyone
condition in a note.
5. "National Treatment" is another key feature of the WTO on the lines of MFN.
What do you understand by "National Treatment" ? Does Karnataka have the
right to put VAT on "imported silk fabrics" ? Discuss.
6. Trade is linked to Environment. Sometimes Environment prevails over Trade in
WTO Dispute settlel11.ent cases. Discuss with reference to the Asbestos case or the-
Tune case.
BRS
'.'
Marks
10
10
10
10
10
10
P.T. O.
...
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I' ~
,(i 2 =) h~cr!'"'l
""', J C I" ,'1;;1;;' ; '!
BRS
7, There are many levels of WTO members ranging from United States on one side
to Vietnam at the other extreme. What are main features of the "Special aud
Differential" treatment in terms of WTO members rights and obligations to deal
with the differences in the development levels?
8. Quantitative restrictions constitute a key WTO Compatible Trade Barrier. In which
cases are RRs a]]owed ?
9. Agriculture is a key subject of negotiations. What do you understand by Market
Access ~n this segrD,ent ?
10. Describe the steps in the Dispute Settlement Process with examples.
BRS
"
J
Marks
10
4
.l
10
10
10

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