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FEATURES

S. Uirite notę on ASEAN & rts objectNes.

Ans:    ASEAN is os ossociation of Southeast Aston Notions. It iwas formed to promote politicol &

economk co-operation and regionol stability in the region.

HISTORY

1)    On 3* August 1967, the founding members of Association of Southeast Asion Notions, no mety Indonesh, Molaysio, Philippines, Singapore and Thoibnd signed the “ASEAN Dedaration (i.e. Bangkok bedorotion) in order to estabiisb ASEAN.

2)    Loter, Brunei barussolom joined on 7* Jonuory 1939, Yietnom on 23* Juty I99S, Lao PbR and Myonmor on 22* Juty 1997, ond Combodio on 30* Aprit 1999.

3)    As of 2019, there are ten member States in ASEAN.

[Notę: Scort the codę to view ASEAN Anthern.]

The book contains past 'Unń/ersity Paper" and 'Model Question Paper" at the end. It helps students to understand paper pattern and prepare accordingly. (Here we have given image of only University paper)

Maximum Marks: 100

University Question Paper: 2019

Duration:03 Hrs.

Notę:

i.    Ali questions are compulsory.

ii.    Figures to the right indicate fuli marks.

iii.    Draw neat diagrams wherever necessary.

Q.l.	A. Select the right answers and rewrite the statements (Any ten)			[10]
1.	According to the modern theory of international trade,		is responsible for international trade.
	a. Factors endowments	b.	Labour
	c. Money	d.	Nonę of these
2.	refers to the ratę at which a country's exports exchange against its imports.
	a. Foreign exchange	b.	Balance of payments
	c. Termsof Trade	d.	lnvestment ratę
3.	Marshall and Edgeworth introduced a geometrical device to explain the gains from trade which is known as
	a. Indifference curve	b.	lsoquant curve
	c. BOP curve	d.	Offer Curve
4.	A protectionist policy has the following drawbacks
	a. Consumers have to pay higher price	b.	Producers get higher profits
	c. Ouality of gods may be affected	d.	Ali of these
5.	A tariff a. Increases the volume of trade	b.	Reduces the volume of trade
	c. Has no effect on volume of trade	d.	Nonę of these