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Exam Questions Harvard International Economics

Harvard. Enrollment and final exam for international trade and payments. Sprague, 1903-1904

Time (it’s always “time” I suppose) to get back to the feeding of the slowly growing databank of Harvard economics exams with that from the semester course on international trade and payments taught by O.M.W. Sprague during the 1903-04 academic year.

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Course  Enrollment

Economics 12a 2hf. Dr. Sprague. — International Trade and International Payments.

Total 23: 5 Graduates, 6 Seniors, 7 Juniors, 3 Sophomores, 2 Others. 

Source: Harvard University. Report of the President of Harvard College, 1903-1904, p. 67.

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ECONOMICS 12a
Year-End Examination. 1903-04

  1. Analyze the effects of increasing exports of commodities produced under conditions of diminishing returns upon (a) laborers and capitalists, (b) upon landlords.
  2. What significance do you attach to differences in the per capita amount of foreign trade of different countries?
  3. Sir Robert Griffin’s criticism of the young industries argument.
  4. Does the extension of our export trade to tropical countries, e.g. South America, give promise of as satisfactory results as an equal growth to other parts of the world?
  5. Indicate the more important factors which determine the localization of manufacturing industries. Have these factors the same relative importance that they had fifty years ago?
  6. Analyze the recent course of English exports, indicating the chief tendencies for the future on the assumption of an unchanged fiscal policy.
  7. Do tariff barriers exert a steadying influence upon prices?

Source:  Harvard University Archives. Harvard University, Examination Papers 1873-1915. Box 7, Bound volume: Examination Papers, 1904-05; Papers Set for Final Examinations in History, Government, Economics, … in Harvard College, p. 34.

Image Source: Samuel D. Ehrhart, “Another of our exports; the American fortune”, cover of Puck, Vol. 50, No. 1278 (1901 August 28). Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.