International agricultural trade UE Past Papers Questions.


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(3041) Question Category: Long answers

There are tariff and non-tariff barriers to trade . Some conditions in trade (such as food safety regulation, red tape administrative procedures and phytosanitary regulations) may also be classed as non -tariff barriers. Discuss.

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(3042) Question Category: Short answers

What determines the international competitiveness of a nation`s output and how does international trade affect individual welfare and income distribution?.

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(3043) Question Category: Short answers

On joining the IMF, each member country contributes a certain sum of money called a quota subscription, as a sort of credit union deposit.

  1. What purposes do quota subscriptions serve? (Briefly describe three purposes).
  2. How is the formula for quota subscription constituted?

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(3044) Question Category: Long answers

Give a brief and concise description of the concept of Special Drawing Rights (SDR) and the reasons for its introduction?

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(3109) Question Category: Mathematical Calculation

Using information in Table below show that trade according to comparative advantage (CA) increasing world total output comparing with no trade sistuation. Also calculate how much more will be produced if each country allocate 1 ha and 1000ha specializing according to CA.

How much land required in producing 1 ton (Ha)

Countries Rice Maize
Tanzania 0.5 0.25
Zambia 1.5 0.5

 

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