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IGNOU MEC-07
- International Trade and Finance,
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(July 2020 - January 2021)

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IGNOU MEC-07 July 2020 - January 2021 - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MEC-07 - International Trade and Finance? Then GullyBaba is the right place for you. We have the Assignment available in English and Hindi language.

This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2020 - January 2021 session. The code for the assignment is MEC-07 and it is often used by students who are enrolled in the MA Degree.

Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.

IGNOU MEC-07 (July 2021 - January 2022) Assignment Questions

SECTION A

1) Critically discuss the Ricardian theory of Comparative Advantage. How is it different from Adam Smith’s theory of Absolute Advantage?

2) Explain the various concepts of terms of trade. Critically examine the behavior of terms of trade as explained by Prebisch.

SECTION B

3) Explain multilateral framework of international trade. Explain its main features.

4) What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate.

5) Describe the evolution of international monetary system. Examine the trends in the international monetary and financial systems.

6) Discuss the various instruments of trade protection. Differentiate between quotas and tariffs.

7) Critically examine the relative merits and demerits of the fixed and flexible exchange rates.

IGNOU MEC-07 (July 2020 - January 2021) Assignment Questions

This section carry 20 marks each (to be answered in about 500 words each).

  1. Critically discuss the Ricardian theory of Comparative Advantage. How is it different from Adam Smith’s theory of Absolute Advantage?
  2. Explain the various concepts of terms of trade. Critically examine the behavior of terms of trade as explained by Prebisch.

This section carry 12 marks each (to be answered in about 300 words each).

  1. Explain multilateral framework of international trade. Explain its main features.
  2. What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate.
  3. Describe the evolution of international monetary system. Examine the trends in the international monetary and financial systems.
  4. Discuss the various instruments of trade protection. Differentiate between quotas and tariffs.
  5. Critically examine the relative merits and demerits of the fixed and flexible exchange rates.

IGNOU MEC-07 (July 2021 - January 2022) Assignment Questions

IGNOU MEC-07 (July 2020 - January 2021) Assignment Questions

MEC-07 Assignment Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title International Trade and Finance
  • Language(s) English and Hindi
  • Session July 2020 - January 2021
  • Code MEC-07
  • Subject Economics
  • Degree(s) MA
  • Course Core Courses (CC)
  • Author Gullybaba.com Panel
  • Publisher Gullybaba Publishing House Pvt. Ltd.

Assignment Submission End Date

The IGNOU open learning format requires students to submit study Assignments. Here is the final end date of the submission of this particular assignment according to the university calendar.

  • 15th July 2021 (if Enrolled in the July 2020 Session)
  • 30th Sept. 2021 (if Enrolled in the January 2021 Session).

Download Files & Sessions Details

Here are the PDF files that you can Download for this Assignment. You can pick the language of your choice and see other relevant information such as the Session, File Size and Format.

English Language

  • July 2021 - January 2022 14 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC07-EN-
  • July 2020 - January 2021 14 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC07-EN-

Hindi Language

  • July 2021 - January 2022 10 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC07-HI-
  • July 2020 - January 2021 10 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC07-HI-

What's Included

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  • All Solved Answers By IGNOU Experts.
  • Available for 5 Times for Download.
  • Downloadable Soft Copy in PDF.
  • Print Ready Format: A4 (21 x 29 x .20 cm (Width x Length x Height)

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