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Kbt511 International Trade Question Paper

Kbt511 International Trade

Course:Master Of Science In Agribusiness Management And Trade

Institution: Kenyatta University question papers

Exam Year:2011

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATIONS 2010/2011
SECOND SEMESTER EXAMINATION FOR THE DEGREE OF MASTER OF
SCIENCE IN AGRIBUSINESS MANAGEMENT AND TRADE
KBT 511:
INTERNATIONAL TRADE

DATE: Tuesday, 29th March, 2011

TIME: 2.00 p.m. – 5.00 p.m.
------------------------------------------------------------------------------------------------------------
INSTRUCTIONS:
Answer question ONE and THREE others.
1.
a)
Elucidate on the concept ‘free trade’

(5 marks)

b)
Discuss the importance of productivity in trade

(5 marks)

c)
Analyze the policies that governments can put in place to enhance

economic growth

(5 marks)

d)
Expound on the importance of economic integration in trade.

(5 marks)

e)
Discuss why comparative advantage important in trade
(5 marks)
2.
Explain why a country where everybody is self-sufficient would be a poor
Country.

(5 marks)
3.
Elucidate on the relative importance of demography and economic growth in the
classical and neo-classical theories of economic growth.

(15 marks)
4.
Discuss how the conclusive WTO negotiations on TRIPs might affect Africa in
the area of health.

(15 marks)
5.
‘Developing countries can still achieve high living standards even without factor
endowment (minerals etc). Discuss.

(15 marks)
6.
Using graphical illustrations, show the relation between free trade and urtacky
situations.

(15 marks)

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Kbt511 International Trade Question Paper

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