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**TUTOR MARKED ASSIGNMENT**
**COURSE CODE:** IBO-03
**COURSE TITLE:** India’s Foreign Trade
**ASSIGNMENT CODE:** IBO-03/TMA/2024
**COVERAGE:** ALL BLOCKS
**Maximum Marks:** 100
**Attempt all the questions:**
1. Outline the changing pattern of India’s foreign trade with reference to composition of foreign trade. (20)
2. Textile and clothing sector occupies a pivotal role in the economy of the developing countries. Elucidate with reference to the Indian economy. (20)
3. Describe Indo-ASEAN trade and economic relations. (20)
4. Write short notes on the following:
a) Balance of Payments
b) Trade Related Intellectual Property Rights (TRIPS)
(10+10)
5. Comment briefly on the following statements:
a) Trade facilitates the flow of capital and speed up the acquisition of new technology.
b) Foreign investment has been considered as an important vehicle of economic growth.
c) Agricultural products from the country have immense export potential.
d) Services are important for the Indian economy.
(4×5)
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