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INTERNATIONAL TRADE

Final Exam - Winter Semester 2013-14

Semester 4, IBA-BA

Test -720439

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INTERNATIONAL TRADE (Final Exam - Winter Semester 2013-14 - Semester 4, IBA-BA)

Question Set 1

Mark the following statements as true or false in the space given next to each statement

Choose any 15 out of 20 statements: Each correct answer 2 points (30 POINTS)

(You can answer more than 10 no points will be taken away for a wrong answer)

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Question Set 2

Choose the correct (or best) answer from among the choices given after each statement or

question. Circle the correct answer Choose any 10 out of 13 statements.

Each correct answer 3 points (30 POINTS)

(You can answer more than 10 no points will be taken away for a wrong answer)

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INTERNATIONAL TRADE (Final Exam - Winter Semester 2013-14 - Semester 4, IBA-BA)

Question Set 3

Supply the correct (or best) answer to complete the statement - write in clearly the answer in

the space provided

Choose any 8 out of 10 statements. Each correct answer 3 points (24 POINTS)

(You can answer more than 8 no points will be taken away for a wrong answer)

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INTERNATIONAL TRADE (Final Exam - Winter Semester 2013-14 - Semester 4, IBA-BA)

(11) How accurate do you think is Heckscher-Ohlin theory? To what extent does it explain the

modern trade? What are its shortcomings? (10 POINTS)

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