List of top International Economics Questions on International Economics asked in GATE XH-C1

The International Monetary Fund (IMF) began operations in the year
Which of the following is NOT an example of non-tariff barriers?
A 250 ml bottle of mango juice costs USD 4 in the United States. If the exchange rate is 0.02 USD per Rupee, then the cost of the same bottle of mango juice in Rupees would be ____________ (in integer).
In a Mundell–Fleming small open economy with perfect capital mobility and fixed price level $\bar P$, the goods market is $Y=C(Y)+I(r^\ast)+G+NX(e)$ and the money market is $\dfrac{M}{\bar P}=kY-\ell r^\ast$. Which policies are {ineffective} (no impact on income) in the short run?
In the context of Balance of Payments accounting, which of the following transactions is/are NOT recorded under the Current Account?
Consider two countries, India and Bangladesh, and two goods, Glass Bottle and Ceramic Plate, with labour requirements (hours per unit) as below. Which of the following options is/are correct?
There are two regions in a country. The demand for chocolates in region 1 is given by
\[ Q_1(P) = 100 - P \] and the demand for chocolates in region 2 is given by
\[ Q_2(P) = 200 - P \] where \( Q_1(P) \) and \( Q_2(P) \) denote the demand for chocolates in region 1 and 2 respectively at a price \( P \). There is only one seller who is licensed to sell chocolates in the country. Suppose the seller sets a price of \( P = 125 \). The total demand for chocolates in the country at this price is
A producer manufactures batteries by using techniques I and II. The capacities (in ampere hours) of 12 randomly selected batteries manufactured by using technique I are: 140, 132, 136, 142, 138, 150, 154, 150, 152, 136, 144, and 142. Moreover, the capacities (in ampere hours) of 14 randomly selected batteries manufactured by using technique II are: 144, 134, 132, 130, 136, 146, 140, 128, 131, 128, 150, 137, 130, and 135. Suppose that battery capacities manufactured by using techniques I and II are normally distributed, with unknown means, \( \mu_I \) and \( \mu_{II} \) respectively, and an unknown common variance \( \sigma^2 \). Consider the null hypothesis \( H_0: (\mu_I - \mu_{II}) = \gamma \) ampere hours. For which of the following values of \( \gamma \) should the null hypothesis \( H_0 \) be accepted against the alternative hypothesis \( H_1: (\mu_I - \mu_{II}) \neq \gamma \) ampere hours, at 10% level of significance?
The curve that explains the relationship between tax rate and tax revenue is known as:
As per recent Economic Survey, how many states and Union Territories (UTs) are driven by services sector in India?
The Human Development Index (HDI), as reported by the United Nations Development Program, is based on three components. Two of these components are per-capita income and a measure of educational attainment of society. The third component is
Solaris is a firm that can install solar panels at an airport to generate electricity for the airport’s usage. The company claims that in 70 percent of all airports where its solar panels are installed, an airport’s electricity bill is reduced by at least 40 percent. The probability that an airport’s electricity bill is reduced by at least 40 percent, in seven out of ten airports where the company’s solar panels are installed, equals approximately: