IGNOU MEC 7 SOLVED ASSIGNMENT 2025 2026

Ques 1.

Briefly explain Adam Smith's theory of Absolute Advantage. Discuss Ricardo's theory of Comparative Advantage.

Ques 2.

What do you understand by "terms of trade? Explain the various conceptualisations of terms of trade. Discuss the behavior of terms of trade as explained by Prebisch.

Ques 3.

Explain multilateral framework of international trade. Explain its main features.

Ques 4.

What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate.

Ques 5.

Describe the evolution of international monetary system. Examine the trends in the international monetary and financial systems.

Ques 6.

Suppose an importing country imposes a tariff. What would be the impact of this tariff on this importing country as well as on the exporting country? Explain

Ques 7.

Critically examine the relative merits and demerits of the fixed and flexible exchange rates. According to you, which of these two-exchange rate system should a developing country like India adopt?

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IGNOU MEC Assignments Jan - July 2025 - IGNOU University has uploaded its current session Assignment of the MEC Programme for the session year 2025 2026. Students of the MEC Programme can now download Assignment questions from this page. Candidates have to compulsory download those assignments to get a permit of attending the Term End Exam of the IGNOU MEC Programme.

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