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Harvard. Final exam for international trade and finance. Leontief, 1934

 

International Trade and Finance was a course taught by Wassily Leontief during the second semester of his second year on the Harvard economics faculty (1933-34).    

Course description, final exam, and enrollment for Economics 39,  International Trade and Finance, taught by Leontief in 1932-33 have been posted earlier.

The exam questions from both years provide some light on the actual course content.

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Course Enrollment

[Economics] 55 2hf. (formerly Economics 39). Asst. Professor Leontief.—International Trade and Finance.

Total: 6 of which 5 Graduates, 1 Radcliffe.

Source: Harvard University. Report of the President of Harvard College, 1933-34, p. 86.

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1933-34
HARVARD UNIVERSITY
ECONOMICS 552

Answer three out of the four questions

  1. What are the terms of trade? Indicate the factors which effect their change; describe the methods of their statistical measurement.
  2. Give a critical discussion of the purchasing power parity theory.
  3. Under which conditions can an import duty be beneficial?
  4. Discuss what is in your opinion the fundamental difference between Taussig’s and Ohlin’s approach to the problems of international trade.

 

Source: Harvard University Archives. Examination Papers. Finals 1934 (HUC 7000.38, vol. 76).

Image Source: Wassily Leontief in Harvard Class Album, 1934.