Define Law of Nature? (3)
Describe Social Darwinism? (3)
Define theory of Absolute Advantage. Compare it with Comparative advantage? (5)
A question related to Limitation of the Locke. (5)
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Mgt610 VU Midterm Current Papers Spring 2012 of Virtual University of Pakistan [May 2012]
Total 32 question
28 mcq’z
2 question = 3 marks
2 question = 5 mark.
Subjective question:
2 marks
What traits are the valuable parts of person’s morally good behavior?
In perfect compaction the demand vu solutions dot com curve is always downward slopping. Why?
.
5 marks
What are the two ideological camps in free trade theories? Explain in detail
What is monopolistic and oligopolistic compition? Explain the main points of difference?