Specialisation and Balance of Payment

1. Home Test: 

Subject: Economics

Topic: International Trade and BoP

Maximum Marks: 20

Time Limit: 30 Minutes

Question 1: Discuss whether specialisation is the only way to achieve the higher level of economic development.                                                                                                                  [10]

Question 2: Discuss up to what extent do you agree that balance of payment is a true parameter to analyse the strength of a country.                                                                           [10]

 

Last date for Submission: May 20th,  2014

Please set your time and be honest with you work.

Consequences of exchange rate fluctuation impact of current account deficit

Grade 9 Business IGCSE 

____________________________________________________Penabur International____________________

1.   
2. 8.2.1: 
   Discuss whether a change in the exchange rate will always solve a country’s deficit on the current account of its balance of payments. 

Last date for Submission: 

 May 18th,  2014

Please Write Your Response in 750 Words

Note: 

Marks allocation for this article is 20.

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Evidences in the support of explanations 5 Marks

The Impact of Rules and Regulations on the health of an economy.

Click on any question to read the passage. 

1) Define reforms. [3] 
2) Explain the impact of the government's deregulation policies on the health of the oil firms. [6] 
3) Discuss how these new policy initiative will affect the health of public finances. [13]

Trade protection and Balance of trade

TOPIC: FOR GRADE 9B IGCSE

" Trade protection could correct a balance of trade in goods and      services deficit".

Time Duration for submitting the Article is 

April 15 to 21,  2013 

Girls should write against the motion 

and 

Boys should write in the favour of motion.

Write your opinion here in 500 Words. [20 Marks]

"Marks allocation will be in accordance to the Rubrics"

Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

Project Syndicate:

Commentary Reshaping China’s Government-Services Supply Chain.

Transforming command economies with out lossing government control on decision making is a big challenge for these economies. As market economies requires its own set of independent institutions to regulate the production activities. Read more for details by click, and try answer following answers.


1) Define command economies.[2] 
2) Explain how command economies are different from the market economies. [6] 
3) Analyse the problems of command economies in their transformation phase to market economies. [6] 
4) Use information in the article and your knowledge of economics, discuss up to what extent government can influence the economic growth in an economy. [15]

BBC: Japan economy contracts as global slowdown hits exports

1) Define recession. [2] 
2) Analyse major reasons for contraction in Japanese economy. [6] 
3) Using information given in the text and your knowledge of economics, discuss up to what extent government polices can be effective against the situation of contracting economy. [12] 
4) Examine how contraction can effect the world's economic growth.[15]

BBC: Diageo buys majority stake in India's United Spirits. 

1) Define debt. [2] 
2) Define horizontal integration. [2] 
3) Explain the reasons of industrial integration. [6] 
4) Using information from the text and your knowledge of economics, evaluate how the industrial integrations effects the economy of country.[12]

BBC: UK to end financial aid to India by 2015. 

1) Define transfer payments.[2] 
2) Are the Evidences given in the text is sufficient to support the stoppage of aid to India. Explain. [8] 
3) "Aid is the past and trade is the future." said Indian foreign minster. Explain.[6] 
4) Discuss the role of aid in the in the development of the country.[12]

Merger of Two Beer Giants

1) Define merger. [2]
2) How merger of effect the BoP of Singapore? [4] 
3) Discuss how merger will effect the beer market.[10]

1) Explain trade deficit.[3] 
2) Explain the reasons for the valuation of Yen in International market.[8] 
3) Discuss the relationship between the terms of trade and the exchange rate.[12] 
4) Discuss the reasons of ballooning trade deficit of the Japan. [25]

US trade deficit widens to $53.1bn as exports fall

1) Define trade deficit.[3] 
2) Explain the reasons for the greater fall in us export than import.[6] 
3) Discuss the impact of fall in US economic growth on the world economy.[8] 4) 
How fall in export will effect the balance of payment and economic growth.Discuss.[10].