1. The distribution of income is one of the major sources of divergence in consumption patterns and trading of goods. How?- Country specific example 2. Growth is usually biased: it occurs in one sector more than others, causing relative supply to change- agree or disagree? Place your opinion. 3. Both 'Import tariff and Export subsidy' influence the terms of trade and therefore national welfare- How? Define with examples. 4. Suppose, you want to launch any one product under each market example Monopoly, Oligopoly, monopolistic and Perfect Competition. Name the product and reason of choosing the market. 5. Dumping can be a profit-maximizing strategy- agree or disagree? What are the consequences of Dumping? How to minimize the damage? Support your answer with example. 6. Is economic growth in Russia good for the standard of living in the China?- Agree or Disagree? Give reasons of your choice. 7.If you were given an opportunity to go for FDI option (Greenfield vs Brownfield options), which one will you choose and why? Come up with your business's advantage and disadvantage. 8.Define any proposed policy regarding your selected country in upcoming G 20 summit in Brazil