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International Trade Question Paper

International Trade

Course:Master Of Arts In Public Administration And Management

Institution: Kenyatta University question papers

Exam Year:2011

KBT 511:
INTERNATIONAL TRADE

DATE: Wednesday, 29th December, 2010
TIME: 9.00 a.m. – 12.00 p.m.
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INSTRUCTIONS:
SECTION A:
Answer question ONE and THREE others.
1.

a. Discuss the concept “commercial policy”

(5 marks)
b. Expound on the five stages countries have to undergo towards integration.

(5 marks)
c. Explain why the current WTO negotiations have not been concluded.

(5 marks)
d. Discuss the tools used by countries to restrict international trade.

(5 marks)
e. By taking one product produced in Kenya, explain why the country continues to
produce it or should stop producing it.

(5 marks)

2.
Discuss the connection between trade and specialization.
(15 marks)

3.
„Developing countries can still achieve high living standards even without factor
endowment (minerals etc). Discuss.

(15 marks)

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4.
Explain „population growth? as a theme in the classical theory of economic
growth.

(15 marks)

5.
Discuss why countries are better off economically if they engage in free trade
rather than protectionism.

(15 marks)

6.
Expound on the importance of regional integration.

(15 marks)

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