Global Marketing of Services-

Model Questions
for Mid-Term Examination
Prof. Tarun Das, IILM, New India.
Formerly, Economic Adviser, Ministry of Finance

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 1.1 Part-A- Objective Type
1.      Fill in the blanks in the following
statements:
(a) At present, services account for 65 percent of
global output, 30 percent of global employment,
60 percent of global FDI flows, and 25 percent of
global trade.
 (b) In India services account for 60 percent of GDP, 31
percent of employment, 45 percent of FDI inflows,
and 50 percent of gross domestic investment.
(c) India has emerged as the 18th largest service
exporter in the world and increased its share in
global service exports from 0.6 percent in 1995 to
1.8 percent in 2004.

 
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 1.2 Part-A – Objective Type
(d) WTO came into existence on 1 January 1995.
Presently, there are 149 Members.
 (e) GATS agreement has 29 articles covering all
services, and 6 Annexes.
 (f) There are 12 broad groups of services, subdivided
into 155 sub-sectors.
(g)  Among USA, China, Japan and India, China has
the highest growth rate of GDP, followed by India,
USA and Japan in the order mentioned.
(h)  Among USA, China, Japan and India, India has
the highest growth rate of merchandise exports,
followed by China, USA and Japan in the order
mentioned.
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 1.3 Part-A – Objective Type
(i) Among USA, China, Japan and India,
China has the highest growth rate of services
exports, followed by India, Japan and USA in
the order mentioned.
(j) Among USA, China, Japan and India, India
has the highest growth rate of merchandise
imports, followed by China, USA and Japan
in the order mentioned.
(k) Among USA, China, Japan and India,
China has the highest growth rate of services
imports, followed by India, USA and Japan in
the order mentioned.
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 Part-B : Model Qestions
2. What are the basic differences between goods
and services? What is so distinctive about
services trade as compared with goods trade?
(6 Marks)
 3.

(a)  What are the services sectors covered in

the National Accounts Framework?
(b) How do they differ from the balance of
payments (BOP) and WTO-GATS classifications?
(c)  What are the main sources of data on services
trade?
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 Part-B : Model Qestions
4.Choose any service sector and show how each
element of the 7-Ps (viz. product, price, place,
promotion, physical environment, process and
people) is relevant for its production and trade.

(6 Marks)
  5. Do you consider that WTO-GATS principles
have inherent bias against the interests of the
developing countries? If yes, give examples. If
not, give explanations.
(6 Marks)
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 Part-B : Model Qestions
6.What are the basic objectives, guiding
principles and procedures for negotiations
under WTO-GATS?
(6 Marks)
7. Explain principal modes of trade under
WTO-GATS. Give examples of different
modes for a particular service sector you
are familiar with. (6 Marks)
 

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 Part-B : Model Qestions
8.
(6 Marks)
(a)      Are all services included under GATS?
(b)     Indicate broad classifications of
services trade under WTO-GATS.
(c)      What are the sectors included under
the six Annexes dealing with rules and
procedures?

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 Part-B : Model Qestions
9.
(6 Marks)
(a)      Which regions and countries are the
major sources for service exports?
(b) Which regions and countries are the
major destinations for service exports?
(c) Indicate the major factors, which have
contributed to the rapid rise of services
production and trade.
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 Thank you
Have a Good Day

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